Affordability
Estimate qualification using income, debts, down payment, property tax, condo fees, and stress-test assumptions.
Purchase mortgage
Buy with clear numbers before the offer.
A purchase approval should show what you qualify for, what payment feels comfortable, and what cash must be ready for down payment, closing costs, tax, insurance, and moving.
What to clarify first
Price
Match purchase price to income, debts, down payment, and stress-test rules.
Cash
Plan down payment, land transfer tax, legal fees, appraisal, adjustments, and moving costs.
Offer
Know the financing condition, approval timing, and document gaps before competing.
Comfort
Approval amount and comfortable payment are not always the same number.
Where Sean helps
A good mortgage plan answers the practical questions early.
Closing cost plan
Land transfer tax, legal fees, appraisal, title insurance, and adjustments can change how much cash is needed.
Offer strategy
Before removing conditions, confirm lender fit, property type, appraisal risk, and document readiness.
Rate and structure
Compare fixed, variable, term length, prepayment privileges, portability, and penalties.
Insured vs conventional
Less than 20% down usually needs mortgage insurance; 20%+ down can reduce premium cost and loan amount.
Future flexibility
The mortgage should fit near-term life changes, not only the closing date.
Simple process
What happens next.
Send the basics once. Sean reviews the structure, confirms the lender fit, and tells you what documents are likely needed.
Start online1
Review income, credit, debts, down payment, and target area.
2
Estimate comfortable payment and maximum purchase price.
3
Prepare document list before offers begin.
4
Compare lender options and approval conditions.
5
Coordinate approval, appraisal, lawyer, and closing timing.
Documents usually needed
Be ready before the lender asks.
The exact list depends on lender, income type, property, and purpose, but these are common starting points.
Photo ID
Recent pay stubs or income documents
Job letter
Down payment proof
Gift letter if applicable
Purchase agreement when accepted
MLS listing
Property tax or condo fee details
Talk to Sean
Bring the numbers. I'll help turn them into a plan.
Send the basics or call directly. I'll help compare lender options, structure, affordability, and timing with plain-English advice.
Call or text514-746-9496
Emailsean@thebrokerguy.ca
Brokerage8Twelve Mortgage Corp 13072
Service areasBarrhaven, Nepean, Kanata, Stittsville, Ottawa West, and Ontario
Office45 Sheppard Ave. E, Suite 211, Toronto, ON M2N 5W9