COMMITMENT IN THE MORTGAGE INDUSTRY
It can mean a lot of different things.
Commitment in the mortgage industry has a lot of meanings. When a pre-approval or mortgage application is presented to a lender we receive a mortgage “commitment” which details conditions that have to be met for the mortgage to be funded.
The standard conditions are documentation supporting employment, income, and your down payment. Additional paperwork may be required based on individual circumstances.
OUR COMMITMENT TO YOU
Speaking more from a customer service perspective, our commitment to you is to listen, understand, and act on providing the best mortgage advice and products available. We will do this in an environment where you feel comfortable and understand the process.
Our goal is to work for you in an effort to remove any associated stress that comes with one of the largest financial decisions you’ll make in your life. As we are licensed through the Real Estate Council of Alberta, we are committed to upholding the highest standards of protection for consumers, and providing services that enhance and improve the industry.
YOUR COMMITMENT TO US
Your commitment to us is to communicate honestly, provide documents as requested, and to ask questions to ensure you are comfortable with the process as presented to you.
We do appreciate your forthrightness and when things change such that you let us know, and we’ll do our best to make things work.
As a reminder, there is no cost or obligation to you for using our mortgage brokerage services. We are compensated by the lender, and you can back out at any time.
If you are looking for a new mortgage, to renew an existing mortgage, refinance or discuss options for the future, give us a call. We’re here to help.