Move Up Buyers
Ready for the big move?
Here’s how we’re going to make it happen!
Step 1
The Discovery Call
It’s All About You!
In this step we’ll have a casual conversation and:
- Talk about the marketability of your current home
- Discuss your budget and the areas you want to live in
- Go through some rough mortgage scenarios
- Talk about your future plans
After going through this step you’ll feel some of the pressure coming off your shoulders and realize you made the right call by reaching out to us.
Step 2
Develop a financing plan
Leave the number crunching to us!
In this step we work our magic behind the scenes and:
- Map out your target sale and purchase price ranges
- Talk about which lenders will meet your current and future needs
- Show you how various purchase prices fit with your budget
- Get you ready for your deposit on purchase
After this step you’ll feel excited about the possibilities and ready to go shopping!
Step 3
Let’s Go Shopping
Now the Fun Begins!
In this step our experience really shines through! And we’ll be there to:
- Help with the big “Is This The One?” decision
- Revisit the monthly budget, making sure it all fits
- Make sure there are enough net sale proceeds to make it all work.
- Get you a lightening fast approval
This step is usually emotionally charged! Don’t worry, we’ve got you, and we’ll be there every step of the way.
Step 4
Offer Accepted!
Ready to Call the Movers?
In this final step we’ll guide you through:
- Wrapping up the mortgage approval with the lender
- Removing final conditions on your offer to purchase
- Connect you with a great Notary
- Map out the last few steps before your completion date
You did it! We often hear from clients after this stage that they can’t believe how easy we made it for them. Just 1,2,3,4 put the key in your new front door!
Finally you have that extra space to breathe!
How amazing does that feel?!
Why use a mortgage Broker?
Banker vs Nishka Riley Mortgage Team
Nishka Riley Mortgage Team
Product Options
We have access to various lenders, providing a wide range of mortgage products.- Interest Rates
We can often offer competitive interest rates by shopping around among multiple lenders. - Personalized Service
We work independently and focus on your needs, offering personalized guidance. - Communication
We maintain clear and open communication, ensuring you understand the entire process. - Flexibility and Advocacy
We are your advocate. We work to find the best terms and conditions to meet your financing needs.
Banker
Product Options
Limited to offering only the products available within their own bank- Interest Rates
Bankers are confined to the rates set by their own institution, potentially limiting options. - Personalized Service
Bankers are constrained by the policies and procedures of their specific bank. - Communication
Bankers wear many hats and may not have the time to communicate the progress of your file. - Flexibility and Advocacy
Bankers represent the interests of their employer, which may not always align with the borrower's best interests.
How The Nishka Riley Mortgage
Team Can Help You
Over the past 20 years, we have been helping people like yourself call North Vancouver, Squamish and Vancouver home. If you are in the early stages of your search, download our award winning mortgage calculator, which factors in local taxes and average strata fees for the area you are considering. Since we are a part of the Dominion Lending Centres network, we have access to lenders like Scotiabank, TD Canada Trust, Blueshore Credit Union, MCAP and dozens more. Because of our lender relationships, we can find a mortgage solution that meets your needs. Moving up has a lot of moving pieces; if you are self-employed or have credit challenges, you’ll especially want to harness our experience to guide you through the mortgage maze. As a move up buyer, you have a lot of decisions to make: fixed vs variable, sell my current home or turn it into an investment property, which realtor should I use, notary vs lawyer? We’ll be there every step of the way and help you with each one. Come experience why we are one of the highest ranked North Vancouver mortgage brokers by Google reviews.
Things To Know When You Are Selling And Buying
Common questions and misconceptions
Bridge
Financing
If your dates don't match, bridge financing lets you access your current home's net equity to complete your purchase. To qualify, you have to have an accepted sale and purchase offer. If you don't have an accepted offer on your current home, you'll need to refinance. There are many misconceptions about bridge financing; we'll clear them up in our discovery call.
Realtor
Fees
First-time sellers on the North Shore may be surprised by realtor fees, but they're worth it. Realtors save more than their fees, negotiating better prices on both ends. With expertise in contracts, they ensure a successful sale. Don't have a realtor? We can save you the hassle of looking by recommending one of our preferred experts based on your needs and personality.
Deposit On
Purchase
In the whirlwind of making an offer, the deposit on a purchase, typically 5% and due 24 hours after condition removal, can slip your mind. Since most buyers have their savings tied up in their homes, producing 50k to 100k on short notice can be difficult. In our call, we'll make sure you've got this covered. Now let's go find "The One!”
What Our Clients Are Saying
Get a feel of how we work with people just like you
Phillippa Lorincz2024-04-02Niksha and team have made our mortgage renewal so seamless and stress free. They were supportive and informative every step of the way! I highly recommend this team to anyone looking for a fantastic mortgage broker! Thank you again Nishka!
Karen Nowak2024-02-29Nishka was a dream to work with! When other mortgage brokers said it wasn’t possible, Nishka made it happen! She was a wealth of knowledge and really listened to what we wanted. She offered suggestions, answered all our questions, and reassured us every step of the way. She is professional, knowledgeable, and very experienced at what she does. Communication with her is a breeze— she responded almost immediately to every query we had. Buying your first home can be a stressful experience but with Nishka’s expertise and magic, our experience was exciting and enjoyable. We are so grateful to Nishka and her team and wholeheartedly recommend them! Thank you, Nishka for making our dream home a reality.
martin zych2023-12-14Wonderful experience, very helpful and resourceful mortgage broker. Greatly appreciate your help.
Fred Grillet2023-07-11Nishka helped my partner and I with the purchase of our first home. From day 1 she was extremely helpful! We had many questions throughout the process, which Nishka always answered happily and quickly with clear and helpful responses. We will definitely work with her in the future and would highly recommend her. She was a pleasure to work with!
Nicole Thomas2021-05-26Nishka helped my husband and I secure a mortgage as first time home buyers. She did an amazing job walking us through everything and answering any questions we had along the way. Nishka made the process of securing a mortgage as a first time home buyer far less daunting. I would definitely recommend Nishka to anyone looking to secure a mortgage, she is amazing at what she does!
Ina Ervin2021-04-12Professional. Exceptional service, knowledge and expertise. Nishka not only advises, but as a real estate owner and investor herself she has first hand experience with what she is talking about. I recommend Nishka highly.
Raine Anderson2019-11-02Refinancing a mortgage can be more involved than what you may think. We were fortunate enough to be recommended Nishka and Paul to help us with our needs. We were looking at switching lenders and had plenty of questions. Paul was on top of everything, very professional and accommodating. We were given the best options that what worked for us currently and are very grateful with all the help we received. Nishka and Paul are our go to Mortgage Advisors from here on out!
Nicholas Milton2019-09-16Nishka was extremely hardworking and professional during the entire experience of refinancing our home. She worked diligently through a complex application and always looked for solutions rather than finding road blocks. She was honest, positive, and communicated with us at every step of the way. I will use her exclusively in the future and would recommend her, and her team, to anyone looking for a top performing mortgage broker.