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Why Your Social Media is Preventing You From Getting a Mortgage...

Wednesday, May 8, 2019   /   by Robyn Burley

Why Your Social Media is Preventing You From Getting a Mortgage...

Social media is such a big part of our daily lives.

You may have even stumbled upon this blog post through one of our @FluxRealty social channels...

But how often do you look at your own social media with objective eyes?

DID YOU KNOW that your social media could affect your ability to get a loan or mortgage?


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Imagine this...

You want to move and it’s time to start talking about that dirty ‘F’ word… 

Finances

It’s really one of the most stress inducing topics in our business and personal lives.

When you’re thinking about buying your dream home, how often does the word "finance" come up?
?

Pretty consistently in our real estate experience...

I’m sure you’ve heard it before… “talk to a bank or mortgage broker BEFORE you start looking at homes”...

SO what can you do on your end to make sure you get approved for the loan or mortgage you want BEFORE setting foot in a Broker's office?


There is one initial TIP we have for anyone looking to get approved for ANY kind of loan in the future…

Make sure your LinkedIn profile is updated!

Sounds a little ‘weird’, we know…

But, with social media being such a popular way to get to know someone, Lenders have even started to “Google” you to find out who you are.

If you're working in a job that doesn’t match your LinkedIn profile, it can actually slow down the approval process!

After all, your LinkedIn profile should reflect your up-to-date resume...

So before going to speak with a financial adviser to get a mortgage, ask yourself...

Have you updated your LinkedIn profile recently?
?
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If you are considering buying a home in Kitchener, Waterloo, Cambridge or Guelph and have some questions about what it takes to get preapproved for a mortgage, feel free to contact us or reach out via our social media @FluxRealty! We are here and happy to help guide you home!

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