The mortgage is submitted to the lender for Approval.
Mortgage Review, Signing & Payout Statement Requested
Once the mortgage is secured, we review the terms and conditions, sign the commitment and request the payout statement from the current lender.
Payout Statement Received
Once the payout statement is received with the exact mortgage balance and property tax account, a closing appointment is scheduled.
The mortgage title is reviewed and updated with the new lenders information.