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A mortgage broker provides complimentary services in things likeā€¦

  • mortgages for existing or first time home owners

  • equity take out for repairs, remodels or just to free up some cash

  • arranging financing for new house construction

  • refinancing for a potentially better rate

  • reverse mortgages to help with retirement

THE PROCESS

 

Documentation Submission

Your broker will need to begin building your package to present to a lender. This will include

  • proof of income

  • debt details

  • down payment sources

  • credit checks

  • etc

Provide property details

Whether you are just starting your search, or you have already found the perfect place, your broker will need to gather details about the property you are wanting to purchase.

This may include:

  • MLS listing sheets

  • land titles

  • appraisals

  • property taxes, heating costs, etc.

Finding a fit

Now comes the time where your broker will access their diverse portfolio of lenders and present your package in order to pair you with a mortgage that fits your unique lifestyle

Closing the deal

Once your broker has found you a mortgage product and a lender that is what you are looking for, you will work with your lawyer and real estate professional to finish up the last few steps or conditions remaining on your deal!