01
Build your purchase plan
Separate your down payment from your closing-cost reserve. Before making an offer, consider how the mortgage payment fits alongside insurance, utilities, property taxes and repairs.
02
Compare the full mortgage
A low rate is only one part of a good fit. Discuss fixed versus variable rates, term length, prepayment flexibility and what happens if you sell before the term ends.
03
Prepare for closing
Your lender and lawyer will provide conditions and deadlines. Keep your finances stable, respond to document requests and arrange home insurance before completion.
Bring to your conversation
- Down-payment savings history
- Employment letter and recent pay information
- Identification and purchase agreement, when available
General information only. Product availability, eligibility and conditions vary by lender and application.