Services
Buying a new home
Our new home buyer service offers a seamless and stress-free experience for those looking to purchase a new home. We provide expert guidance on securing the best financing options.
This part of the homebuying process we love best is making sure all the numbers make sense while guiding you through the mortgage process.
With the help of a good real estate agent and mortgage advisor such as SSL Mortgage Solutions you can navigate the process with confidence and find the home of your dreams.
Here are some tips to help you navigate the process:
1. Determine your budget:
Before you start looking at homes, it's important to determine how much you can afford. Consider your income, expenses, and debts to calculate a realistic budget for your home purchase.
2: Get pre-approved for your mortgage:
Getting pre-approved for a mortgage can help you narrow down your search to homes that fit within your budget. It also shows sellers that you're a serious buyer and can give you an advantage in a competitive market.
3: Find a real estate agent:
A good real estate agent can help you find properties that meet your criteria, negotiate with sellers, and guide you through the home buying process.
4: Look for homes that meet your needs:
Consider factors such as location, size, and layout when looking at homes. Make a list of your "must-haves" and "nice-to-haves" to help you narrow down your options.
5: Get a home inspection:
Once you've found a home you're interested in, hire a professional home inspector to evaluate the property for any issues or potential problems.
6: Make an offer:
If you've found a home you love, work with your real estate agent to make an offer that's within your budget and takes into account any repairs or improvements that may be needed.
7:Close your purchase:
Once your offer is accepted, work with your mortgage lender and real estate agent to complete the necessary paperwork and close the purchase.
Payoff Debt / Refinance
Unlock the equity in your home with our equity takeout or refinance services. We will help you find the right solution to meet your needs.
Bad debt refers to any debt that is not likely to be repaid by the borrower, either because they are unable or unwilling to repay it. Examples of bad debt include unpaid credit card balances, defaulted loans, and unpaid bills.
Bad debt can be detrimental to both the lender and the borrower. For the lender, bad debt means lost revenue and a decrease in profits. For the borrower, bad debt can lead to damaged credit, collection calls and even legal action.
In many cases, bad debt is the result of poor financial management by the borrower, such as overspending or failing to make payments on time. However, external factors such as job loss, medical emergencies, or unexpected expenses can also contribute to bad debt.
To avoid bad debt, it's important to maintain good financial habits, such as keeping track of expenses, paying bills on time, and avoiding unnecessary debt. It's also important to have an emergency fund to cover unexpected expenses and to seek help from a financial advisor or credit counselor if you're struggling to manage your debts.
We at SSL Mortgage Solutions can help with your debt issues.
Newly Separated / Divorce
Being separated/divorce can be a lot to handle. But finding a place to call home can bring you the comfort and security that you deserve.
Renew Your Mortgage
Renewing your mortgage means that the term of your current mortgage has ended, and you are looking to secure a new mortgage for your home. When renewing your mortgage, you have the opportunity to reassess your financial situation and make changes to your mortgage terms that may better suit your needs.
Here are some steps to take when renewing your mortgage:
1. Review your current mortgage: Before renewing your mortgage, review the terms of your current mortgage, including the interest rate, payment schedule, and any fees or penalties associated with breaking the mortgage.
2. Shop around: Research different mortgage lenders and compare their rates and terms to ensure that you are getting the best deal possible.
3. Assess your financial situation: Consider any changes to your financial situation since you first secured your mortgage, such as changes in income, debt levels, or credit score. This will help you determine the best mortgage terms for your current needs.
4. Negotiate with your lender: Once you have found a lender that offers favorable terms, negotiate with them to get the best rate and mortgage terms possible. You may be able to negotiate lower interest rates, more flexible payment schedules, or reduced fees.
5. Sign the mortgage agreement: Once you have agreed to the terms of your new mortgage, sign the mortgage agreement and ensure that all of the terms and conditions are clearly outlined and understood.
Renewing your mortgage can be an opportunity to reassess your financial situation and make changes that better suit your needs. By shopping around, assessing your financial situation, and negotiating with lenders, you can secure a mortgage that meets your needs and helps you achieve your financial goals.