Saturday, August 30, 2008

Inspection & Financing

Inspection today. I'm nervous. I really want this to go well now that we've come so far.

Talked to my broker yesterday. The financing is not approved yet, but should be early next week - it's month end and super busy so it takes a few days. The lender is fine, we're just waiting for CMHC (Canada Mortgage and Housing) to approve since they underwrite 20% of a 95% mortgage. Regardless, she figures my rates will be in a range from 0.5 to 0.35 less than prime if we go variable, or around 5.8% fixed. This is very good.

AGH! So nervous about the inspection! My mom is coming, I think she wants to see the house. ;)

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