Two words you'll find yourself asking time and time again when arranging a new mortgage or thinking about refinancing are, "How much?"

        How much money will I need? Financing the mortgage on a new property is just part of the cost. Remember to budget into your loan request: Closing costs, moving costs and renovation costs.

        How much will it cost me? Understanding the different types of loans and their associated interest rates is just the start. There are many additional factors that can come into play, including your credit score, your source of financing, type of mortgage, length of mortgage, location, lender's fees, income source, employment history and amount of down payment.

        How much time will it take? Having the proper documentation prepared ahead of time can help expedite the loan process when seeking a new mortgage or arranging mortgage refinancing. In addition, it's always faster and easier to close on a home purchase when the buyer has a pre-approved mortgage in-hand.

        Before you even start thinking through the details of a loan, you'll want to get some advice from an experienced and qualified mortgage broker. Obtaining the best mortgage for your needs involves careful shopping, comparing and negotiating. Whether you're looking for home financing, refinancing, debt consolidation or a home equity loan, The Financial Forum would be happy to assist you in the various aspects of loan options. In addition, if your friends, family members, neighbors or colleagues would like to discuss their own loan options, please send them our way - We'd be happy to talk with them, too!