FINANCING 1

Direct: 403-350-9603
Email: properties@ivanbrandt.com

YOUR GUIDE TO FINANCING

Start A Green File
A Green File should contain all of your important financial documents.
Regardless of the loan type, lenders will need information about you. Make
copies of financial statements; bank accounts, investments, credit cards, auto
loans, recent pay stubs and two years tax returns.
Check Your Credit Rating
Credit scores range between 400 and 800. 620 + is considered "good". 680 + is
considered "premium" and may possibly help get you a lower interest rate.

Below you will find the contact information for the 2 major credit reporting
agencies to help you determine your credit rating. Ask your mortgage
broker/lender how to improve your credit score if you need to. Going forward,
treat your credit like gold.

* Equifax http://www.equifax.com (800) 685-1111
* Trans Union http://www.transunion.com (800) 888-4213

Savings & Debt
If you are buying real estate, try to accumulate funds towards your down
payment, closing costs (appraisal, miscellaneous fees, title insurance, etc.) and
expenses such as inspections. Furthermore, try to pay down existing revolving
and high interest rate debt like credit cards. (READ ON)

REAL ESTATE SOLUTIONS LTD
PH: 403-346-7755