Phone CALL OR TEXT US 705.787.6196
ESTABLISH A BUDGET

As a "rule of thumb" you can afford to buy a home equal in price to twice your gross annual income. More precisely, the price you can afford to pay for a home will depend on six factors: 
• Your income,
• The amount of cash you have available for the down payment,
• Your outstanding debts,
• Your credit history,
• The type of mortgage you select,
• Current interest rates.

Lenders will analyze your income in relation to your projected cost of the home and outstanding debts. This will determine the size loan you can borrow. Your housing expense-to-income ratio is determined by calculating your projected monthly housing expense, which consists of the principal and interest payment on your loan, property taxes and hazard insurance. The sum of these costs is referred to as "PITI."

GETTING PRE-APPROVED FOR A MORTGAGE

It is strongly recommended that home buyers are prequalified or pre-approved for a loan as their first step in the process. By being prequalified, a buyer knows exactly how much house they can afford. They can make more informed decisions in the market place. This does not mean they will definitely get the loan because their credit reports, wages and bank statements still need to be verified before you can receive a commitment from the lender for the loan.

Almost all mortgage lenders prequalify people at no charge. Many of them will even do it on the internet. In order to be pre-approved, an application will be taken. For a fee, your credit report will be pulled, your employment and income will be verified, your checking and savings accounts will also be verified. In other words, all the necessary documentation will be completed in order for you to obtain a loan. The only things remaining will be for you to find a home, obtain an appraisal on it to prove its value to the bank and perform whatever inspections you may want on the property. This process considerably shortens the time frame to closing.

CLIENT REVIEWS

When dealing with Dolf, your not getting just any salesman, your getting some one with integrity and morals, you wont find a more honest salesmen in the muskoka area. Your in good caring hands with Dolf Witlox.

Bryan, Huntsville

As first time home owners who are new to the area, we had a lot of questions and needed a lot of guidance. Anzie went out of her way to help us find exactly what we wanted, and she also made herself available to us at all hours of the day. Any questions I had she answered, and went way out of her way to make us comfortable and informed. I couldn't have asked for a better experience buying our first home! I would reccomend Anzie and Dolf to anyone!

Erin, Bracebridge

Absolutely amazing people to work with. Dolf and Anzie go above and beyond. If you are looking to deal with a couple who run their business with integrity, honesty and the love of helping people, choose them. You will not regret it! If there were more than 5 stars, they would be receiving them.

Kaitlyn, Port Sydney

They're both very professional and super nice people. They helped us buy our first house 2 years ago and we'd use them again in the future as well. I definitely recommend them to anyone! It was a pleasure working with them.

Krystal, Huntsville

5 Stars!!! Dolf and Anzie are honest, genuine, kind, hard working and friendly. You won’t find better real estate agents anywhere! Highly recommended!

Simone, Baysville

For attaining President's Gold or
higher for 14+ consecutive years

For achieving the top 3% of
market's sales nationwide

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