S p e c i a l F e a t u r e
Keep in mind, too, that if you've been
pre-approved for $500,000 it doesn't
mean you have to buy that much home.
To help with the •inancial burden
that a mortgage can bring Coast Capital
Savings offers members cash back
options with its Members Get it Mortgages
program, and through the Where You're
at Money Chat helps them establish a
•irm •inancial footing in all areas of their
life. Using simple terms, it looks at four
key areas: money management, saving,
growth of investments and protection
of your •inances in case life throws a
curveball.
"Applying for a mortgage can be an
anxious time and an emotional time,
but it doesn't have to be," Peters says. "It
can open the door to conversation about
other things: maybe I should have a look
at my budget or set up a tax-free savings
account; maybe I should look at RRSPs."
Because after all, as Peters states,
"There's more to life than mortgage
payments."
Having an overall budget in mind will
help when shopping for a mortgage