Frequently Asked Questions
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Why should I get pre-approved for a mortgage?
Getting pre-approved for a mortgage can help you understand how much you can afford to borrow and give you an edge over other buyers when you make an offer on a house.Will I be approved?
We have a very high rate of success in getting an approval for first-time buyers as well as our other types of client. That, in part, thanks to a wide range of lenders that address unique needs and challenges.Will I have the same rate and process if I purchase in the name of my company?
No, It’s a different process and terms. Because when you buy in the name of a company, you, the individual, become a guarantor to your company’s loan, most of our clients prefer to keep purchasing in their personal name. We always compare the scenarios, so if in your specific circumstances there is a value in purchasing in the company's name, we’ll present it to you and will make sure to get you the best deal.With all these regulations and a stress test, who says I will be approved at all?
Yes, in the last 3 years it’s been tough to get approved for a mortgage. Even clients that were previously approved have faced obstacles. Be that as it may, the lower stress test and good rates as well as our diverse finance tools, allows more people to get approved and pull their equity. We have a 94% success rate in approving our clients. It calls for creativity and established relationships with multiple lenders which we enjoy having.