We’re here to guide you through the process!
The decision of buying your first home is one of the most exciting and important decisions of your life! Everyone has the dream of owning their own home and having a place to call their own. At Shop Your Own Mortgage we work with you throughout the entire process to make that dream a reality! We aim to make the process faster and easier for first time home buyers and we have experts that will educate you along the way. Our innovative platform allows you to submit one application and get multiple offers from a vast pool of lenders to assure that you find the best program at the lowest rate. Our user friendly technology allows you to upload your documentation from anywhere. Our platform is designed for you, the consumer. We aim to save you time and money!
Most of our first time home buyers want to know how to get started. The most important step for you to take is to find out what you qualify for. Shop Your Own Mortgage realizes that finding a mortgage can be stressful and time consuming. Who wants to spend their time making phone calls and meeting with bank representatives? We understand that your time is valuable. That is why we designed our platform to do the work for you! Complete our 3 minute application, upload your docs and kick back while we get the job done! We can inform you on what you are qualified to purchase within minutes. We not only save you time and money but our qualified experts can inform you on all of the questions that you may have when purchasing a home.
Here are some frequently asked questions and answers from our first time home buyers:
Do I need a pre-approval?
Yes. It is important that you know what the maximum purchase price you can afford before you begin to shop for a home. Check here why it’s so important to get a mortgage pre-approval.
What type of documents are needed in order to buy a home?
Income documents including pay stubs and tax returns, bank statements and copies of identification. There is a list on our web based app and our experts are always happy to walk you through the lists we have here for Canada and the United States.
Can my parents co-sign on my first home?
Yes. We do programs with co-signers frequently.
I just entered the workforce after graduating from college. Can I buy a home?
Yes. We have programs for people who just entered the workforce.
What is the minimum amount of money that I can put down?
We have programs for as little as 3% for first time home buyers in the US and 5% for buyers in Canada.
My credit isn’t perfect. Can I still qualify to buy a home?
We have hundreds of different programs for all types of credit levels.
Can I use a gift for down payment funds?
Absolutely. Gift money is permitted.