The Easy Way to Get Your Mortgage
When buying a condo, you typically put 20% and the remaining amount will need to be paid after occupancy, so the builder requires you to be approved for a ‘mortgage commitment’.
Normally, to get a mortgage commitment for a pre-construction condo, you’ll spend 2 weeks going from banks to brokers and gathering the documentation that you need.
You’ll have to get an NOA, a letter of employment, lots of other documents, and a credit check which will bring your credit score down.
After running around for two weeks, there’s an 80% chance the bank will say “not approved”.
Your other option: buy through Frank.
When you work with Frank’s Investment Team, we have strong working relationships with top professionals in the industry to benefit you. So as long as you haven’t and won’t be filing for bankruptcy, we can take care of your mortgage commitment, as well as get you the lowest mortgage rate after occupancy. You do absolutely NOTHING. Not even one thing.