February 01 2021
Thinking about buying a new home, or did you just buy one that’s closing soon? Well, there’s a lot of things to consider when applying for a mortgage, but here at Homewise, our process is simple, fast, free and all online. You also get the added benefit of a personal Mortgage Advisor to guide you through every step of the process to save time, and more importantly, the most money possible. Here’s what you can expect when you get your mortgage with Homewise:
If you’re buying a home soon, getting pre-approved is an excellent first step. If you’re already pre-approved and purchased a home, we’ve got you covered and can help you find an even better option before you close! At Homewise, we’ve made the mortgage process quick and simple with our 5-minute online application. Getting pre-approved establishes your home affordability, it simplifies your home search and gives you a clear idea of how to budget for your purchase. If you’re caught in a bidding war, a pre-approval also gives you more credibility as a buyer and increases your chances of securing the deal. As for approval, the process is just as simple – see below on the next step.
Once you’ve purchased a home and need to get approved for a mortgage, it’s important to note that even if you have been pre-approved, you aren’t locked into anything. Further, the options you get on a pre-approval are rarely as strong when you get approved. So, once you buy a home, especially if you have a conditional financing offer, we'll help you find the best options available and get you approved faster and easier than ever before.
Our team at Homewise works with over 30 banks and lenders to find you the best full-featured mortgage, with great rates and products to save you money today and into the future. Your personal Mortgage Advisor will explore the marketplace for options with the right features and rates that will specifically benefit you over the short and long term. At the end of the day, our goal is to shop around different lenders, present you the best mortgage options and provide unbiased advice with full transparency so that you can confidently make a decision.
When you start the process, your personal Homewise Mortgage Advisor will walk you through all of the important paperwork required. This includes personal and financial documents, a copy of your credit report and other key details a lender typically requires in order to move forward. If you have an existing mortgage on your current home, Homewise will also help you understand what refinancing and switching looks like, and help you decide whether going in this direction makes sense.
If you’re currently in the market to buy a new home, get pre-approved online with us today in just 5 minutes, here!
Available across Canada
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Mortgage Brokerage Licensed in ON #12984, BC #X301004, MB and AB.
Homewise can pursue mortgage brokering activity in SK, NL, NS and NB. We are proudly Canadian!