Allison Cosgrove
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Frequently Asked Questions
Some of the most common questions asked by my clients
1.
How much can I afford to pay for a home?
2.
What is a home inspection and should I have one done?
3.
What is the minimum down payment needed for a home?
4.
What is mortgage loan insurance?
5.
What is a conventional mortgage?
6.
How does bankruptcy affect qualification for a mortgage?
7.
How will child support affect mortgage qualification?
8.
Can I get a mortgage to purchase a home?
9.
Can I use gift funds as a down payment?
10.
What is a pre-approved mortgage?
11.
Should I wait for my mortgage to mature?
12.
What is a down payment?
13.
How can you acquire a home with as little as 5% down?
14.
How can you pay off your mortgage sooner?
15.
How can you use your RRSP to help you buy your first home?
16.
What are the costs associated with buying a home?
17.
What should the length of my mortgage term be?
18.
What are the monthly costs of owning a home?
19.
Should you go with a short or long-term mortgage?
20.
What is a fixed rate mortgage?
21.
What is a variable rate mortgage?