MORTGAGE LOAN PROCESS
Whether you’re just new to the market or a seasoned expert, buying a home is one the largest and most expensive purchases you’ll ever make. And, as Canada’s mortgage rules are ever-changing, we believe it's important to familiarize yourself with the loan process ahead of time. Not only will this help better prepare you for the exciting journey ahead, but it will also ensure things go as smoothly as possible.
Here’s what you need to know about our simple four-step mortgage loan process:
Quick and easy, our online mortgage application takes only 5 minutes to complete. We don’t require much, just a few details that will help us to ensure we partner you with the right lender at a great rate.
We will then be in touch to review your application and discuss your specific needs before getting you approved for your mortgage financing. We also send you a list of documents needed to be collected upfront to help streamline the approval process. My “Pre-Underwrite” process sets me apart from other bank advisors and brokers. By going above and beyond the general “pre-approval” protocol, we complete a verification of assets, income, employment, along with a credit check, to help eliminate any potential issues down the road.
Once your financing is secured, we’ll send you a copy of your approval, along with a list of important documents. From here, we ask that you return a signed copy of your approval along with the information requested, as this will help us finalize the paperwork.
Congratulations on your official approval! The only thing left to do now is meet with your lawyer to register and sign off on your mortgage loan.