Mortgage Brokers Tips on Mortgage Brokers | Page 3

 Research
 You need to see what sort of houses are on the market, the
rough price they are going for and how long they are taking to
sell. This will help you to decide whether it is a good time to
buy and how quickly you will need to move when you do find
a home.
 Budget
 There is no point at looking at homes twice your budget! You
need to see a mortgage broker and establish how much you
are likely to be able to borrow. At this stage you do not want to
apply for a mortgage; just know what you are likely to be able
to get.
 Don’t forget you will need a 20% down payment.