🧹🌸 Spring Clean Your Finances: 5 Ways to Get Mortgage-Ready by Summer

The tulips are blooming, the windows are open, and the itch to “get things in order” is real. But this spring, why stop at your closet or garage?

Let’s take that fresh-start energy and apply it to something way more exciting—your finances.

If you’re thinking about buying a home in 2025 (or even just dreaming of it), now is the perfect time to spring clean your financial life so you feel organized, empowered, and ready when the time is right.

Here are 5 simple and impactful ways to spring clean your money mindset—and get mortgage-ready by summer.

✅ 1. Pull Your Credit Report (and Actually Look at It)

Your credit score is one of the first things lenders will look at when you apply for a mortgage. But instead of guessing where you stand, let’s find out.

📌 Action Step:Pull your free credit report from Equifax or TransUnion. Review it for:

• Errors or outdated info

• High credit utilization

• Missed or late payments

💡 Pro Tip: Aim for a score of 680+, but don’t panic if you’re not there yet—there are still options, and now you have time to improve.

✅ 2. Organize Your Financial Documents

The mortgage process requires more paperwork than a Marie Kondo marathon. Start organizing now to save time (and stress) later.

📋 Here’s what you’ll need:

• 2 most recent pay stubs

• T4s or NOAs from the past 2 years

• 90 days of bank statements

• Proof of down payment or gifted funds

• Photo ID

🧘‍♀️ Imagine the calm of having it all ready to go when you meet your broker.

✅ 3. Refresh Your Monthly Budget

Spring is the season of renewal—and your budget deserves one too.

☀️ Revisit your monthly expenses. Look for:

• Subscriptions you no longer use

• Hidden fees or interest charges

• Where your money is going (vs where you want it to go)

📌 Goal: Free up cash flow for saving, reduce debt, and know exactly what you can afford in a mortgage payment.

✅ 4. Start or Strengthen Your Down Payment Fund

Even if you’re not buying for another 6–12 months, building your down payment now gives you more flexibility (and more options).

📦 Start small, stay consistent:

• Set up automatic transfers to a separate savings account

• Use your tax refund or bonuses to give it a boost

• Explore your FHSA, RRSP, or TFSA for home savings benefits

💡 Reminder: The minimum down payment in Canada is 5% of the purchase price (on homes under $500K).

✅ 5. Book a Mortgage Discovery Call (Even If You’re “Not Ready”)

Here’s the secret: you don’t need to be ready to buy to talk to a mortgage broker. In fact, the earlier you start the conversation, the more options you’ll have.

✨ I’ll help you:

• Understand how much you could qualify for

• Find the right lenders for your situation

• Build a custom prep plan so you’re ready when the time comes

📥 Want to keep the momentum going? Download the Mortgage Readiness Guide to walk through 10 clear, supportive steps toward your first (or next) home.

💛 Final Thought: Progress, Not Perfection

Spring cleaning your finances isn’t about having it all figured out. It’s about taking that first, empowering step toward the life (and home) you’re building.

If you’re dreaming of keys in your hand by summer—or even just feeling more in control of your financial path—I’m here to help.

📞 Let’s chat, create a plan, and get you mortgage-ready—without the overwhelm.

Let’s talk about your buying goals, your options, and your winning mortgage strategy in 2025.

📞 Book a free call or message me anytime

LET'S TALK MORTGAGES

– Edith Parinas

'The Mortgage Broker ~ The Yogi ~ The Blogger'

Hello@EdithParinas.com