Mortgage Case Study – Super Quick Completion!

Scenario: Client had made an offer to purchase a vacation property on a smaller BC Island with limited ferry access on June 11th.

Mortgage Required: $900,000

Completion: June 25th

Obstacles: Have the deal approved and funded with in 10 business days while the client is on vacation for 1 week during the approval process.

What we accomplished within 10 business days:

– Fast 24 Hour Approval
– Documents Reviewed and Accepted by the lender within 48 hours
– Rushed Appraisal completed with in 48 hours
– Branch signing
– Lawyers signing

What’s more interesting:

We completed the deal while the client was away on vacation. All the client had to do was go to the branch and the lawyers the day before closing.

Result:

– Deal funded on time
– Happy realtor closed the deal on time
– Impressed and satisfied clients with keys in hand on time

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