Buying your first home can be an exciting yet daunting experience, and one of the biggest obstacles you may face is qualifying for a mortgage. As a first-time home buyer, you may have several questions and concerns regarding the process. However, with the help of a mortgage broker, you can navigate through the process and obtain a mortgage that suits your needs. In this blog, Jeff Cody will provide you with tips on how to qualify for a mortgage as a first-time home buyer. 
 

Unless you have very deep pockets or have inherited a pile of bricks and mortar, the chances are you’ll need a mortgage to buy your first property. A mortgage is simply money taken on credit that is used to buy a property. A down payment is required to pay for a portion of the property yourself, while the mortgage will cover the remaining amount. I am Jeff Cody, a mortgage broker with Jeff Cody, Platinum Mortgages Ottawa (Mortgage Architects). I want to help educate first-time buyers about what they require to obtain a mortgage. This is why I have prepared a beginner’s guide to obtaining a mortgage. Upon request, I can also send you a more comprehensive buyer’s guide.

Buying a home is one of the most expensive purchases you will ever make in your lifetime. The excitement of fulfilling this dream drives many owners to go out and complete the home buying process themselves. Unfortunately, this isn’t the best way to go about it, as without the right kind of assistance, the initial excitement may soon be replaced by frustration in the run-up to obtaining a mortgage. 

I am Jeff Cody, a fully licensed mortgage broker with Jeff Cody, Platinum Mortgages and Mortgage Architects, Ottawa. I look forward to sharing my story. I hope that you will enjoy getting to know me better. 

When applying for a mortgage, it’s essential to have everything just right, as this is one of the biggest commitments you’ll make in your lifetime. Errors made before or during the process can result in higher interest rates or not getting approved for the mortgage that you expected. To make sure that everything goes well throughout your mortgage journey, mortgage expert Jeff Cody has put together a list of the most common mistakes people make when shopping for a mortgage. Keep reading to see what activities to avoid so you can successfully acquire the funds you need to purchase the home of your dreams.

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