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Mortgage Application Process

July 5, 2023

If you’re ready to buy a home, we understand that the home buying process can be both exciting and confusing. That’s why we are here to guide you every step of the way. One of the most essential steps to purchasing any home is the mortgage application, even if it can seem daunting. In reality, it’s as simple as filling out an application form. We’ll explain the basic steps of the mortgage application process.

The Application Form

The first step to getting a mortgage is completing an application form. The form provides our expert team with all the necessary information we need to approach lenders and find you the best mortgage. It will include information such as your budget, income, and credit score. You can fill the mortgage application form in one of three ways: through our secure online application, by requesting a call at a convenient time for you, or by printing and emailing or faxing an application.

Why Main Street Mortgages for your Mortgage Application

At Main Street Mortgage, we look at your application and take the time to understand your situation, budget, and goals to ensure we find the right mortgage that’s perfect for you. There are hundreds of different mortgage products available, which would be too daunting for you to try and search through. That’s why we can provide you with expert guidance and knowledge to help you make the best possible decision that can potentially save you thousands of dollars and shorten the length of your mortgage.
That’s also why the mortgage application is such a crucial step. Be sure to fill it out accurately and with as much information as possible. That allows us to provide the best guidance and find the best mortgage for you and your future home. Last but not least, if you ever have any questions, we are prepared to provide you with any expert insight you may need.

We Start Working For You

Once that form is filled and we’ve received your application, Main Street Mortgages will start working for you. While you’re busy shopping for your dream home, we’ll shop for the best mortgage options available from over 60 lenders across Canada, tailored to meet your unique needs and save you money. After we receive your application, we’ll provide you with a detailed consultation analysis, outlining your budget, maximum qualifying amount, closing costs, required documents, and the next steps towards pre-approval and rate hold. With our knowledge, expertise, and large mortgage volumes, we can negotiate with many lenders on your behalf, ensuring that they compete for your mortgage business and get you the best possible discounted rates.

The Application Process is Free

Another important detail to know about the mortgage application process is the cost. Through Main Street Mortgages, the mortgage application process and our services through the process are entirely free of charge. This is because we are paid by the lender only after presenting you with all your mortgage options (OAC). This means it costs you nothing to apply and we’re dedicated to finding the mortgage that works perfectly for your budget, life, and dreams.

We’re Ready to Help You with Your Mortgage Application Process

We understand that the mortgage application process can be daunting, but that’s why we provide you with our expertise. The process is as simple as filling out the application and we take it from there, letting you shop for that perfect home and answering any questions along the way. By using Main Street Mortgages you ensure you’ll receive the best mortgage possible. Let us help you start the mortgage application process today, and we’ll be with you every step of the way!

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