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Mortgage Lenders

3 Questions to Ask Mortgage Lenders Before You Sign

 

The success of your Markham ON business relies on securing the right funding. However, it's important to make a good decision. Here are 3 questions you should ask mortgage lenders before you accept their funds.

  • What do your pre-approval and closing processes look like? Talk about timelines for credit checks, online capabilities, and how long your pre-approval stays valid before you have to start the process over.

  • What fees am I responsible for? Ask about closing fees, signing fees, and any other charges for their services. Make sure you understand when these fees must be paid.

  • How can we handle down payments? Some lenders prefer cash interactions while others may be willing to use your personal or business as collateral without any additional investment on your part.

 

Money Broker Canada is one of the best commercial and residential mortgage lenders in Canada. Contact us for more information on buying the property of your dreams with our help.