Overview
Plan the financing around the property, purchase conditions, closing date and cash available.
For a home purchase, connect the mortgage plan to the actual property, contract conditions and completion date. Review the purchase budget, source of the down payment and closing funds before relying on a borrowing estimate.
After an offer, the lender may need an appraisal, strata or property information, insurance and updated borrower documents. Confirm the outstanding conditions and the available time with your broker, realtor and legal professional. Funding depends on the lender's requirements being satisfied.
Compare the mortgage rate with the term, prepayment privileges, portability, penalties and fees. If you are selling and buying at the same time, ask about the conditions for porting and any gap between completion dates. These features are contract-specific.
Key Features
How It Works
Free Consultation
We discuss your goals, review your financial situation, and determine the best mortgage strategy for you.
Compare Suitable Options
I compare rates, terms, lender requirements and costs, and help you work through the requested documents and conditions.