skip to Main Content

What Should I Expect After I Get My Mortgage Approved?

Mortgage Approved

You have your mortgage approved and you are worried about what is next. If so, let’s talk about it!

Don’t feel like watching? Read the transcript of the video below

“The mortgage process does not end once you get your mortgage approved. Once your mortgage is approved you could be required to supply additional documentation around your income and around your assets. Depending on what type of transaction you’re doing you may be required to do an appraisal on your property. This appraisal cost sometimes is covered by you, the borrower, and sometimes it’s reimbursed by the lender. So, once you have your appropriate documentation and the appraisal completed, if required, you’ll then sign your mortgage commitment and have the chance to opt-in to creditor insurance. The average turnaround time from mortgage approval to our file being completed is typically five days. So, your rate is locked in at the time of application. Every mortgage application is different and requires different documentation. So, if you have questions about the process feel free to give us a call or stop by the office.”

Have more questions? Feel free to contact us!

1. The “Back to School, Back to Reality Giveaway” (the “Contest”) runs from 08:00:00 a.m. AST on September 3rd, 2019 (the “Contest Starting Date”) to 5:00:00 p.m. AST on September 13th, 2019 (the “Contest Completion Date”). The Contest draw for the Grand Prize will occur on September 13th, 2019. The Grand Prize winner is able to choose one (1) of the four (4) options as shown on the prize page.

2. Submitting this form implies consent to subscribe to our emails. Subscribers may opt out at any time.

3. Participants will receive one (1) contest entry for signing up to email updates. This is limited to one entry per person through the online sign up form.

4. Participants may have the opportunity to earn additional entries and any details will be announced from time to time if available.

5. The Grand Prize is valued at $500CAD. There are no cash alternatives or substitutions.

6. Participants must be 18 years of age at the time of contest entry and reside in Nova Scotia, Canada.

7. By entering this Contest, all entrants consent and agree to the use of their name, address, likeness and photo for any advertising, publicity and marketing purposes by the Sponsor, without compensation.

8. By entering, all eligible participants agree to abide by the rules and conditions outlined above.

Subscribe to our newsletter

Sign up here to get the latest news and updates from Clinton Wilkins Mortgage Team.

You can unsubscribe at any time.