So, you’ve decided to get started with buying your first home and you’ve booked an appointment with a mortgage advisor. This initial meeting can be a bit daunting, especially if you don’t know much about mortgage applications and aren’t sure how much you’ll be able to borrow.
The good news is that most mortgage advisors (including those at GPD Mortgage Solutions) are welcoming and will guide you through the process. It doesn’t hurt to be a little prepared though so here are some of the things you should do before meeting with your advisor for the first time.
Do Your Research
Mortgage advisors are usually independent and unbiased, but it doesn’t hurt to do some research before you book that appointment. We like to think that our team offers a high-quality and personalised service and our reviews back this idea up. Spend some time reading reviews and ask around for recommendations to make sure you’ve picked the right advisor.
Think Ahead
Before you meet with your advisor, you should think ahead about your finances. Do you know how much money you have coming in and going out of your account each month? If you don’t, you might struggle to commit to a monthly mortgage payment. Take a look at your bank account, check up on your spending and do the math before meeting with your advisor!
Check Your Documents
When you book a meeting with your mortgage advisor, they will usually let you know if you need to bring anything along. If you haven’t heard anything, it doesn’t hurt to check in with them to make sure you don’t show up without the important documents. Some of the things that you might expect to bring with you include a form of identity, proof of income and proof of address. You might need to do some digging to get your hands on these documents so don’t wait around.
Draft Some Questions
Mortgages are complicated and so you might have some questions that you need to be answered before you start looking at deals. The good news is that mortgage advisors are typically experienced in this kind of thing and so can answer any questions that you may have. Why not prepare for your first meeting by writing out some of the questions that you need an answer to? This will help you to remember everything on the day so that you are properly informed.
Book That Meeting
If you think that you are ready for your first meeting with a mortgage advisor – why not book that meeting today? We are always happy to answer any questions and we’ll make sure you are on track for buying your first home in no time at all. Get in touch with GPD Mortgage Solutions today to find out more!
