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Are you Financially Ready for Home Ownership?

Are you Financially Ready for Home Ownership?

Are you thinking of buying a home in Barrie to take advantage of the record low lending rates? The first step is to take a good look at your finances to see what is affordable for your situation.

The Canada Mortgage and Housing Corporation, provides information about how to evaluate your financial readiness.

They have a useful Current Household Budget worksheet and Household Budget Calculator on their website.

Taking a look at monthly debt payments can help you determine if you can reduce your payments by combining debt and re-financing.

Even if you are self-employeed or have had a bad credit rating, there are still options open to you for financing a mortgage in Barrie.

Call me to discuss your situation. 705.737.6161

Visit: The Canada Mortgage and Housing Corporation website

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