Buying a new home will likely be one of the most expensive purchases you ever make. For this reason, it is wise to learn a little bit about how the mortgage qualifying process works. For your convenience, we have broken down the process into four simple steps.Here are four easy steps to getting a new mortgage:
Our online application will take approximately 5 minutes to complete. Please try to complete it as accurately as possible, as this will help us place your loan with the best lender and at an excellent rate.
Your Mortgage Agent will then be in touch to review your application and discuss your specific needs before getting you approved for your mortgage financing.
When your loan is approved, your Mortgage Agent will send you your approval and a list of required documents. The approval must be signed and returned along with any other required documents.
Once your loan is complete you will need to meet with your lawyer to finalize and register your loan.
Self-employed Canadians can qualify for a mortgage without traditional tax returns through alternative lending and home equity solutions. Learn how Matrix Mortgage Global helps business owners, freelancers, and gig workers leverage their home equity to secure financing and improve cash flow — even with unverified income.
Going through a separation or divorce in Ontario often means one spouse needs to buy out the other’s share of the family home. A spousal buyout mortgage lets you refinance your existing mortgage to pay out your ex-partner’s equity while keeping the house. Here’s exactly how it works, what lenders require, and how Matrix Mortgage Global can help you structure the right solution.
