On average Jencor can save you $3500 vs. the banks.Like many first time home buyers, you probably have lots of questions regarding the purchase process and how mortgage financing fits into the picture. The good news is, as a first time home buyer there are many financing options available to you.

One of the first questions most people have when it comes to buying a house is how much they can afford. This is especially true for first time home buyers. Quite often first time home buyers may have concerns regarding the down payment, how their credit score will affect their mortgage options, and if you’re self employed you may be wondering if you can even get a mortgage at all. Don’t worry, you’re not alone. These are all common concerns, most of which can be easily addressed by a mortgage broker.

Working with a mortgage broker can save you time and money, best of all it doesn’t cost you anything out of your pocket. As a first time home buyer your mortgage broker will help you understand all your financing options so that you can make an informed decision.

The best time to start working with a mortgage broker is before you even start looking at houses. Your mortgage broker will help you understand how much you can afford, which can help you focus your house hunt, and they’ll help you put everything in place so that when you do find the perfect home you can act quickly, and potentially beat out any other purchasers.

If you have any questions about financing your first home, call 403-245-3636 and speak with a Jencor Mortgage broker now. We’re here to help.

Try our mortgage calculators?

At Jencor Mortgage we believe in giving you all the information you need to make the best mortgage choices available. We have all the calculators you’ll need to get acquainted with what to expect from your new home purchase.

  • How Much Do I Qualify For?
    How Much Do I Qualify For?
    The first steps in buying a house are ensuring you can afford to pay at least 5% of the purchase price of the home as a down payment and determining your budget. This calculator steps you through the process of finding out how much you can borrow.
  • Home Purchase Calculator
    Home Purchase Calculator
    Use this calculator to generate an amortization schedule for your current mortgage. Quickly see how much interest you will pay, and your principal balances. You can even determine the impact of any principal prepayments! Press the report button for a full amortization schedule, either by year or by month.
  • Rent vs. Buy Calculator
    Rent vs. Buy Calculator
    Should you rent or should you buy your home? It takes more than looking at your mortgage payment to answer this question. This calculator helps you weed through the fees, taxes and monthly payments to help you make a good financial decision.
  • Home Budget Calculator
    Your Home Budget
    Managing your monthly budget can be difficult and frustrating. One of the most important aspects of controlling your budget is to determine where your money is going. This calculator helps you do just that.