COF

Condition of financing is an important part of buying your next home. That is if you require bank financing to get it done. Since we are still in the midst of a very active real estate market, putting down 5 business days to secure financing will not be sufficient. In a normal market banks pick up a new file from 4 -24 hours after submission. In this market it is taking several days, and even longer with some lenders.

To expedite the process, all required documents must be received up front and upon submission. This will allow the fastest turn around time possible as we will only have to review your documents once. This will ensure a happy client, a happy broker and a happy underwriter. Which is what we all want.

Today I am thankful for accepted offers for my clients to submit on Monday mornings, all documents upfront to make everyone’s lives much easier and deposit confirmations on a Monday. It’s going to be a great week.

“Getting paperwork under control makes me feel more in control of my life generally.” Gretchen Rubin

I look forward to hearing from you in regard to your mortgage needs.

Patrick

p.s- You can click on this link to start the process whenever you are ready. Schedule your meeting with me here.

p.s.s- I should tell you that I am licensed in Nova Scotia, Ontario(M18001555) & in British Columbia(BCFSA #504098).

p.s.s.s You can download my new mortgage app here