Refinancing

Refinancing your home is a pretty straightforward process once you have selected from the many mortgage products available on the market. To help alleviate the stress of refinancing, it is important to understand the closing process.

Once you provide our contact information to your lender or mortgage broker, we will:

1. Anticipate receiving instructions from your lender at least 10 days before closing.
   
   
2. Gather information from you including the name of your insurance company and if the property is strata title, the name of the management company. We will also gather payout information for any existing mortgages or third party creditors to be paid out with the refinancing.
   
   
3. Conduct a title search and obtain tax information and any additional information necessary to prepare the Mortgage and Order to Pay.
   
   
4. Prepare closing documents including the Mortgage and Order to Pay.
   
   
5. Meet with you 1 - 3 days before closing to sign documents.
   
   
6. Register the Mortgage, obtain funds from your lender, payout any existing lenders or creditor approved in the Order to Pay and arrange for deposit or pick-up of proceeds.
   
   
7. Provide a final report and closing documents.