We're a little obsessed with delivering what we say we will do.
The Your Family Mortgage Process compares over 50 lenders, including Banks, Credit Unions, and Private Lenders to get you the right mortgage at the lowest rate!
We can speak on the phone or meet in person to get an understanding of what you want to accomplish and outline the process we would follow to make it happen. This is the first step in getting pre-approved or securing a mortgage.
We need to collect your details so we can put togrther a complete picture for the lenders.
Our form is easy to use and mobile friendly, so whether you are on your PC, tablet or phone, it won't take you very long to complete.
This is the basic document list, download the one that matches your income type.
Please let us know if you have any questions or a unique situation and we will provide a custom list for you.
Your Family Mortgage works with over 50 lenders, including banks, to get you the right mortgage at the lowest rate!
We will present and discuss your options so you can make an informed decision.
Once we have decided on lender and rate, Your Family Mortgage will handle formal submission.
We represent your needs and provide clarification or work through issues as required.
If an appraisal is required we will handle coordinating with a lender approved appraiser. They will determine fair market value for your home and let the lender know if there are any concerns with the property.
*Purchases with less than 20% down payment typically do not require an appraisal.
*Transfers usually require an appraisal - paid for by the lender.
Once the lender has reviewed all documents and we have met all conditions the lender provides a full approval.
This is when you can remove subject to financing.
The lender will send the paperwork to an approved lawyer of your choice. There the lawyer will go over the mortgage contract and discuss a statement of adjustments for items like Property Transfer Tax and any other payouts you have included in your mortgage.
Your Lawyer handles the transfer of funds and registering your Mortgage with the Land Title Office.