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