Real Estate Information

When buying a property, most buyers use a real estate loan. It is also necessary to optimize its financing plan. Amount to borrow from the bank, use a broker, choosing a fixed rate loan or variable or underwriting of insurance and guarantees are all factors to consider before launching.

How to get a mortgage?

Obtaining a mortgage can sometimes be long and in all cases subject to many steps. To finance their property on credit, the buyer must deposit at least one mortgage application. It must be made within the period specified in the sales agreement or sales agreement (usually the purchaser shall have 45 days to get his mortgage after signing). Otherwise, the buyer may lose the benefit of capital.

The board of banker

The loan application is filed with the bank, which studied the light of the necessary documents to:
- Compromise or promise of sale,
- Or the specifications of the work for the amount to borrow,
- Components of the personal contribution,
- Proof of income or borrowers (pay slips, tax assessments for the previous year, etc.) And loads.

Our role

Rather than take a tour of several banks, and explain every time your project, you can use the services of a credit broker. Acting as a business contributor on behalf of banks, brokers offer their services online or at your agency, such as insurers. Their services are either free or replace the fees charged by banks. They form partnerships with major banks and direct the borrower to know the institution that will accept more easily finance the building project.

The loan offer

The preliminary offer of loan is the final proposal that makes the bank. It includes:
- Description of the property,
- The amount of the loan and its repayment terms (fixed or variable)
- The percentage rate,
- The repayment if the loan is fixed rate
- An information leaflet with a simulation of the impact of the variation in monthly payments, loan term and the total cost of credit if the loan is variable rate
- Guarantees required (life insurance, disability, mortgage or bond).

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