Mortgage Blog
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The Mortgage Process and How it works!
December 21, 2018 | Posted by: Andrew Wade
The Mortgage Process and How it Works
Step One-???? Contact me with all your information regarding your mortgage details. It can take as little as 15 minutes, or as long as you need. We’ll discuss your goals, and go over all your questions. You will have a Maximum Pre Approval limit to start shopping for your home. By doing this we will debt service your total income and apply the current Bank of Canada stress test to qualify this.
Step Two- ????Review Your Offers. I will prepare a handful of customized rate quotes with market leading offers from the top lenders in Canada. Usually it comes down to your specific needs and future plans to make sure you don't get hit with large penalties to break your mortgage within the term of the contract.
Step Three- ???? Get Approved ????
Simply send in your documents and I’ll work with the lender to secure your mortgage. You’ll be kept in the loop the entire time. The documents are the very most important part of the
Thats it- its really that simple and best of all I provide UNBIASED advice, I am provincially licensed to advise you of your mortgage options and my services are normally FREE to my clients and paid by the lender.
Andrew Wade
207-3531 Uptown Blvd
Victoria BC
2508861959
