Real Estate Agent

Your real estate agent will help match your ideal home with the homes available in the market. They are also familiar with the standard purchase and sale agreement.

Lawyer

You should have a lawyer to protect your legal interests. He or she will review all agreements before you sign them, especially the Agreement to Purchase. Having a lawyer/notary involved in the process will give you peace of mind and ensure that things go as smoothly as possible. The lawyer will be required by your lender to close the purchase so involving them in the process early helps things go smoothly.

Banker/Mortgage Broker

If you haven't already been pre-qualified for a mortgage, you will need a good lender to assist you during the purchase. By pre-qualifying you for a mortgage the lender gives you a realistic budget for your purchase price. They can also add value with advice on your other obligations to ensure that you are financially comfortable in your new home.

Banks aren't the only institutions offering mortgages. Trust companies, credit unions, finance companies and insurance companies also provide mortgage financing. A mortgage broker generally has access to these lending institutions. They examine these various options for you and negotiate on your behalf for the best rates and terms.

Insurance Broker

Remember, you will need insurance on your new home especially if you have a mortgage. If you are considering mortgage life insurance you should shop the rate provided by your mortgage lender with your insurance company/broker.