The Mortgage Loan Process

Purchasing a home is a very important decision and your home mortgage is the single most important financial decision that you will ever make. Simplifying the process is what we do best. We will explain your options and recommend financing solutions to get your first home mortgage approved at the lowest rate and terms for you. We work with the major Canadian mortgage banks and finance companies on a daily basis and we know their mortgage products and mortgage terms.

There are 7 Steps in the process of becoming a home owner
1. Pre-approval
2. Offer is made conditional on obtaining financing
3. Mortgage application is submitted by your agent
4. Lender review of application and submitted to cmhc for final approval
5. The commitment Letter is prepared
6. Commitment letter signed and conditions fulfilled
7. Mortgage documents prepared
8. Lender instructs lawyer and Mortgage Transaction is complete (closing)