" Get the Lowest Rate, Best Service and Fastest Approval. "
In Canada Mortgage Hub, we try everything we can to streamline your process of getting a mortgage with having only one filled-up application, only one credit check and helping you obtain the best type of mortgage with the most suitable lender for your needs. The following are the steps required to help you apply for a mortgage on a home purchase:
Step 1: Getting to Know You
The first step in the mortgage process is for you to fill out an application and to speak to us. This will enable us to understand your qualifications, situations and goals. You may do it in one of the following ways:
- Access our online mortgage application form, fill it up and click submit. The filled up application immediately goes into our software program that pulls credit on your file and enables us to submit to appropriate lenders.
- Download a pdf file to print your mortgage application on paper, fill it up and fax to 1-888-953-8372.
- Call us at 1-888-853-8372 to apply by phone or arrange a meeting in person at our office.
Step 2: Reviewing Your Application
After completing the application, we will do a 15-minute follow-up call to verify the information and request documentations. We then will take all these date into consideration when looking at different lenders’ criteria to see which one is a perfect match to your need. Should there be issues that may come up, we will work to suggest solutions to help you qualify before we submit your application.
Step 3: Submitting Your Application
We then submit your application for mortgage approval or pre-approval to the most suitable Canadian mortgage lender for your needs. Lender response usually takes anywhere between 3 to 48 hours. We will notify you as soon as your application is approved.
Step 4: Completing the Process
After approval/pre-approval is obtained, we send and review with you the detailed commitment information and other requirements to satisfy lender conditions. We will make sure to guide you throughout the process in order to finalize your deal on time and to your satisfaction.
Step 5: Release of Funds for Your Purchase
The deal is complete when the funds are release to the sellers for your purchase and the property is transferred to your name.
* O.A.C., E. & O.E.
