Region served
A quick closing in Grand Montréal comes down to a complete file from day one. What takes time is the appraisal and the notary, not the analysis.
When the deadline is short, speed is the criterion. The best offer in three weeks doesn’t help if your condition ends Friday. The slow parts are the appraisal, the notary and the document you forgot, not the analysis.
Everything on the first call: notices of assessment, income proof, down payment, signed offer, notary’s details. A missing piece is a day or two lost, and tight deadlines die from those small delays adding up.
What a lender approves and what you can comfortably pay are rarely the same number. Settle on the second one first: in Grand Montréal, taxes, insurance and heating come on top of the mortgage every month.
Count the timeline backwards from the signing date: lender review, mortgage insurance if it applies, the appraisal, and then the documents that will always be missing. A financing condition that is too short costs you an extension to ask the seller for, in Grand Montréal as anywhere.
The lender approves the property as much as the borrower. Condition, intended use, anything the inspection or the title flags: any of it can stall a Grand Montréal file that looked settled on the numbers alone.
On top of the down payment: notary fees, tax adjustments and transfer duty. In Grand Montréal the welcome tax often shows up months after the purchase, when the move and the furniture have already drained the account. That is exactly why people forget it.
To prepare
Yes. It all runs by phone, email or video call, and documents go through online. We can meet in person, but most files get settled without anyone having to travel.
An answer within 24 to 48 hours is common when the file is complete. What stretches the rest is the appraisal, the notary and whatever documents are missing. Set your financing condition to match.
Pick the situation closest to yours.
Contact
Buying, renewing, refinancing, or something a bit out of the ordinary: tell us where you’re at, even if it’s still fuzzy. Mathieu gets back to you with next steps and the documents to pull together.