What is a “Mortgage Emergency”? Well the easiest way to describe it is when a mortgage request lands on your desk after having been declined with other brokers or lenders and they have a very tight deadline to get the file completed. While it is still possible to get these files completed, my preference is to avoid having “Mortgage Emergencies” at all.
This is how I do it. I require a full and complete document package upfront and upon submission of your file. This way it can be completely reviewed prior to submission and any potential issues can be addressed prior to sending your documents to the lender. You see we live in a stressful enough world we don’t necessarily need any more stress around what is commonly your biggest lifetime purchase or transaction. When we work together I set the expectation up front that my goal is to have your file broker complete one month prior to your closing date.
Problems invariably arise when documents are submitted too close to the closing date which could trigger your file to being subject to a more thorough internal bank audit. Make it easier on your self and everyone involved in your financing transaction by getting your documents together in a quick and timely manner.
I look forward to hearing from you in regard to your mortgage needs.
p.s.s- I should tell you that I am licensed in Nova Scotia, Ontario(M18001555) & in British Columbia(BCFSA #504098).