What Is The Financing Condition Timeline?

How much time do you need to remove the financing condition on my mortgage?

That is a great question to ask your mortgage professional because there are many different answers that can come about. For example, I think it is important to know that depending on the time of year, depending on whether there are bank holidays involved, all of these things and also the work flow of the particular mortgage professional that you are working with. But here is another thing that I think is really important, don’t allow your realtor to push you into an uncomfortable place to take a shorter financing condition removal date when your mortgage professional has told you that you need more time, because sometimes then the realtor will say “Well, dump your mortgage professional and go with my mortgage professional because they can do it in two or three days.” Whatever the case may be. But then what happens with all the other work that you did to determine that this was the right mortgage professional for you. You are going to dump them just because they can’t do it in the time frame that your realtor thinks is important? I am not sure that serves you well in the long term.

Thanks for watching.

If you would like more information on this or other mortgage related topics contact Canada Mortgage Direct in one of the following ways:

Visit our website at CanadaMorgageDirect.com.

You can phone our office: 403-250-2100

Or you can email us at Save@CanadaMortgageDirect.com

We would also like to invite you to the Canadian Home Buyers Academy and you can visit us there at the CanadianHomeBuyersAcademy.com

Thanks again!

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