Looking for the home of your dreams? Many homeowners

think the first step is to start going to open houses and

researching the market.

However, even before you start looking for a home, it can be a great

advantage to have a pre-approved mortgage.

A pre-approved mortgage simply means that you’ve reviewed your

financial situation with a lender and you know what you can afford to

spend on a home in terms of the purchase price, down payment, legal

fees and other closing expenses. It also means you know how much you

can borrow based on your current financial situation, subject to a formal

credit approval and satisfactory property appraisal.

There is no cost or obligation to have your mortgage pre-approved

by RBC Royal Bank®, and you’ll know in advance what your mortgage

payments will be. And, with your interest rate guaranteed for 120 days,

you’ll be protected if interest rates increase while you’re house hunting.

With your mortgage approved, you can shop and negotiate with

confidence, avoiding the disappointment of finding the perfect home

only to learn later that you don’t qualify for the mortgage you need to

purchase it. A mortgage pre-approval carries no obligation to purchase,

but simply acts as a tool that can help you focus on homes that are

truly affordable.

If you’re buying your first home, you can count on me for the advice you

need. I can take care of all your mortgage needs, including mortgage

pre-approvals and applications, anytime, anywhere, on evenings or

weekends, at your home or office.

Mortgage Specialist

403-606-1008

marilyn.hilderman@rbc.com