As a first-time homebuyer, the process of securing a residential mortgage can seem daunting. But with the right information and guidance, you can make informed decisions about your mortgage and achieve your goal of owning a home in Regina.

At [Company Name], we understand that the process of obtaining a residential mortgage can be overwhelming. That’s why we’ve compiled a comprehensive guide to help first-time homebuyers navigate the process.

First, it’s important to understand what a residential mortgage is. Simply put, a residential mortgage is a loan that is used to purchase a home. This loan is secured by the property you are purchasing and is repaid over a period of time, typically between 15 and 30 years.

When it comes to securing a residential mortgage, there are a few key factors to consider. The first is your credit score. Lenders will look at your credit score to determine your creditworthiness and ability to repay the loan. It’s important to check your credit score before applying for a mortgage and take steps to improve it if necessary.

Another factor to consider is your down payment. Most lenders require a down payment of at least 5% of the purchase price of the home. However, a larger down payment can help you secure a lower interest rate and save money in the long run.

At Kent Bittner – Regina Mortgage Broker – Axiom Mortgage Solutions, we work with a network of lenders to help first-time homebuyers find the best residential mortgage rates and terms. Our team of experts will guide you through the entire process, from pre-approval to closing.

If you’re a first-time homebuyer in Regina, don’t let the mortgage process intimidate you. Contact Kent Bittner to learn more about how we can help you achieve your dream of homeownership.