Holiday Mortgage

Looking to buy this holiday season?

Need some tips for financing that mortgage this holiday? Look no further! I'm here to help you take on a very important life decision with ease. Here are six easy tips on how to manage your mortgage, stress-free.

How to Take On a Mortgage

Strengthen Your Credit 

  • Use on 20% of available credit when thinking of purchasing a house
  • Don't get new credit before applying for mortgage-- lenders want to know you can handle your credit and not fall into debt
  • Pay off any balance-- a clean slate is key!


  • Save! Save! Save! Aim to save 6 months of mortgage after down payment is made
  • The more you can spend monthly on the house, including down payments, mortgages, and inspections, the less you will have to spend overall

Pre-Approval by a Mortgage Lender

  • A Pre-Approval letter shows you what range the bank is willing to lend you
  • It also signals to the home owners that you are serious about potentially purchasing the house and have been authorized to do so
15 vs 30 year mortgage

  • A 30 year mortgage is a lower monthly rate but costs more overtime
  • A 15 year mortgage is a higher monthly rate but costs less overtime
  • Think about what you can afford monthly and compare it to the possible savings over the years

Hire the Right Realtor

  • Your realtor will be with you every step of the way, so make sure all of you are on the same page
  •  Look in the right neighborhood for you-- be realistic, and think towards the future

Remember-- I'm always available to help you navigate these big life changes! Contact me to set up an appointment or ask questions. Happy holidays and happy home-buying! --Missy


  1. Do you want to take a mortgage from the private lenders? Then you should hire a mortgage broker. Because every mortgage broker has so many private mortgage lenders on their hand. They can manage the mortgage at the best rate. Private mortgage lenders Whitby

  2. Your article contains very much information about the mortgage. Your article is very informative and I like to read it. Thank you. Mortgage broker in Kurunjang


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