Mortgages by Adrian Kania
CREATIVE FINANCING SOLUTIONS FOR HOMEOWNERSHIP AND INVESTORS
mortgage solutions
Buying a Home
The very first step of the home buying process is consulting a mortgage specialist to get pre-qualified for a mortgage! That will provide you with an accurate budget to search for real estate with a realtor. Purchasing real estate is the most significant financial decision of our lifetime, which is why we take every step necessary to align mortgage options with your financial goals and personal needs. Partnering with our brokerage, you will understand how your home is a powerful asset that can be leveraged to satisfy your personal needs and achieve your financial goals.
first time home buyer
A successful home buying process is all about preparation and it is no secret that becoming a homeowner is increasingly difficult. Check out the Helpful Links page for various programs to assist First Time Home Buyers with their downpayment and reducing tax liability. There you can also review a Guidebook with a comprehensive outline of the home buying process so that you can know exactly what to expect.
second home or cottage
Purchasing a second home or cottage can vastly differ from a primary residence due to the increased risk of holding additional real estate especially in a rural location. Most buyers should expect to put down 20%-25% down payment for an urban second home and 35%-50% down payment for a rural cottage.
vacant lots
Purchasing vacant lots is a more difficult process as top market lenders typically don’t offer mortgages for uninhabitable real estate. This requires approaching a private lender or local credit union, and most buyers should expect to put down 35%-50% downpayment. There are creative solutions like a “Tag” or “Bind” on the equity in better real estate, such as your primary residence in an urban area to improve the mortgage options.
