The Journey to Homeownership: Navigating the Mortgage Closing Process
At Tomorrow Financial Solutions (Tomorrow FS), we pride ourselves on finding creative solutions to finance challenges, and our recent deal with a client who had signed a contract to buy a house without a pre-approval was no exception. The client had gone to another broker with a 14-day finance clause, but the rate provided on the 10th day was about 8.64%, which led them to come to us for help.
The file was handed over to our Mortgage Agent, Pasindu. The situation was complex, as we had to find a better rate for the client, get an extension for finance by a week, have the loan approved on time, and settle within the original 21-day timeline agreed upon in the contract. We knew we had our work cut out for us, but we were determined to get the job done.
Pasindu and our team worked quickly and efficiently to research and compare different lenders and loan products to find the best possible rate for our client. We also reached out to our network of contacts and BDMs to discuss and obtain exceptions that were needed to get the loan approved and settled.
Despite the numerous challenges we faced, we were able to secure the necessary finance and have the loan approved within just three weeks. Our team’s hard work, determination, and expertise paid off, and we were able to help our client secure their dream home with a better rate and on their preferred timeline.
This deal was a testament to our commitment to finding creative solutions and going above and beyond for our clients. We are proud of our team’s success in overcoming such a challenging finance scenario, and we look forward to continuing to help our clients achieve their financial goals.
Visit our website www.tomorrowfs.com.au to learn more about our services or call us right away to talk to one of us at +61 03 9193 3634
