After contacting us, the prospective borrower must complete a loan application with their personal information and information about the subject property. We will quickly review this information and determine if the loan is feasible.
The credit of the borrower is of some importance but the most important factor is the loan to value (LTV) ratio based on the propertyto be mortgaged to us. The subject property will then be appraised by a independentvaluer. Once this is completed, we will move forward in processing the loan and funding can be delivered in a matter of days once the necessary paperwork is done by the lawyer.