Region served
With multiple offers in Capitale-Nationale, a solid preapproval and a short but realistic financing condition make the difference. What to have in hand before you bid.
Timing becomes the criterion. A lender that gives the best answer in three weeks is useless if the financing condition expires Friday. What slows a file down is the appraisal, the notary or a missing document, almost never the analysis.
The complete file on the first call: notices of assessment, proof of income, down payment, the signed offer to purchase, the notary’s contact details. Each missing piece costs a day or two, and that pile-up is what blows tight deadlines.
What a lender approves and what you can comfortably pay each month are rarely the same number. Decide the second one first. Taxes, insurance and heating come on top of the mortgage every month.
Your offer needs room for the lender’s review, mortgage insurance, the appraisal, and the documents that always turn up missing.
The lender is approving a property, not only you. Condition, intended use, anything raised at the inspection or in the title records can kill a file that worked on paper.
The down payment isn’t the only cash you need: notary fees, tax adjustments and transfer duty come too. The welcome tax bill lands months after you buy, when the moving truck and the new couch have already drained the account.
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.