Monday, 17 September 2012 02:00

How Can A Mortgage Broker Help Me?

As a broker I have established relationships with numerous lenders. I will review your unique credit and income situation and provide an analysis for the best course of action. From there I will apply to the lender that makes the most sense based on your situation and I will negotiate for the best terms and rates possible, on your behalf. By using a broker, such as myself, you can rest assured that you are getting the best deal possible. Often my clients do not pay any out-of-pocket expenses for my services either.

Why not get the best rates and terms possible, without worrying about doing the negotiating for yourself? You can get started with your mortgage application by clicking here.

 

What do we need to get qualified?

  1. Proof of income:
    1. Last 2 paystubs
    2. Last 2 years Notice Of Assessments from Federal Government
    3. Employment Letter
    4. For self-employed owners of a company, the last 2 years financial statements will be required
  2. Proof of Down Payment
    1. You need at least 5% of the purchase price
  3. Proof of closing costs (1.5% of purchase price)
  4. Copy of accepted Purchase agreement (if buying)
  5. Be prepared to be asked to get the following:
    1. An appraisal
    2. T1 General Tax returns

This is just a general list, but if you can get these things together it certainly helps speed up the initial application process.

Dan McLaren

Dan McLaren is the President of the Commonwealth Group of Companies. Dan has been in the financial services field for over 20-years. In addition to leading Commonwealth’s financial services division, Dan has also played a leadership role in guiding Commonwealth’s urban redevelopment initiatives.

Commonwealth is proud to be a leading proponent Prince George’s “New Downtown”. The New Downtown has seen the construction of BC’s newest medical facility, provided land assembly services for the province’s Wood Innovation and Design Centre, constructed the Elizabeth Fry seniors housing project and the revitalized the historic Morrison’s men’s wear store. Commonwealth’s proven reputation has led to Commonwealth’s participation in additional urban redevelopment efforts across BC.

Dan has been active on many corporate and philanthropic boards including: The BC Chamber of Commerce, Junior Achievement of BC, The BC Railway Company, the Fraser-Fort George Regional Museum, the Rocky Mountain Ranger Regimental Association and Northern BC’s largest charity golf tournament, the Commonwealth Cup.

When he finds time, Dan enjoys golf and spending time at his cabin at Cluculz Lake.

Apply with me

Latest from Dan McLaren

More in this category: RRSP Season is Upon Us »