Home Buying | Ralph Prospero

By: Ralph Prospero  09-12-2011

Buying a home is one of the biggest emotional and financial decisions you’ll ever make, so prepare yourself to make a knowledgeable decision today.

When most of us consider becoming homeowners, we immediately think of how wonderful it will be. It is true that there are a lot of good reasons for wanting to buy a home. Some of the main advantages are:

Financial Security
Historically the market rises in value. As your property appreciates in value and you pay down your loan, you will gain equity in your home. This will give you borrowing power in the future.

Not only can you decorate or renovate your home to meet your own personal tastes but you build equity that can come in handy down the road to put children through school, start a new project or even a long term vacation

Beyond the pride of ownership, you have the stability to come to a home that is your own place. It’s the change of your house becoming your home and the spot where all your memories will be built in the future

Although it is nice to think about the positive aspects of owning a home, it is just as important to consider the difficulties as well. Some of the challenges of owning a home are:

Financial Stress
stress of payments always take a toll on people. In order to alleviate that stress the Ralph Prospero team has a free consultation process where we help you figure out how much debt you can manage comfortably. We also educate you on the latest changes between variable and fixed rates so that you can sleep at night knowing you made the correct decision for you.

Call Today! 1-877-543-2023

Other products and services from Ralph Prospero


Commercial | Ralph Prospero

The industry is moving towards securitization as an alternative to the traditional balance sheet lending of the big banks and insurance companies. With the addition of these new players, and the move towards increased securitization, the Canadian commercial mortgage market is set to grow. Securitization is leading to a greater availability of funds and greater flexibility in the types of properties that can be mortgaged.


Pre-Approval | Ralph Prospero

The pre-approval is based on the information you provide to us in your application and is subject to verification of conditions such as employment and down payment verification. As an experienced mortgage agents I can help you get a home loan pre-approval, and secure the right amount to ensure you have as much buying power as your budget can afford.


Refinance | Ralph Prospero

Our experienced mortgage professionals, who have extensive knowledge of the mortgage industry, will provide the necessary guidance that you need in making the right refinance decision. Consolidating multiple mortgages into onePaying the installments of two or more mortgages at the same time can be quite a burden for most individuals.


Home Equity | Ralph Prospero

Whether you want to refinance your existing mortgage or make use of your Home Equity for any purpose that you desire, the decision to refinance requires proper planning and consideration of several factors. From consolidating several debts into one, to lowering monthly payments and getting ready cash-in-hand, refinancing was never this easy.


Services | Ralph Prospero

Whether you are a first time homebuyer or are looking to refinance an existing mortgage, we provide you with the best, personalized solutions to fulfill your financial requirement. New Home Financing § Refinancing Existing Mortgages § Mortgage Renewals § Home Equity Loans § Mortgages for Self-Employed § 2nd Mortgages § Line of Credit § Debt Consolidation.


Renewals | Ralph Prospero

Your home equity grows over a period of time and by decreasing your principal loan balance, you are in a good position to negotiate. Pay off existing debts, clear high-interest credit card bills, renovate your home and do a lot more after renewing your mortgage. While renewing your mortgage, you are in a stronger financial position as compared to where you were before.