Mortgage Articles

How to Submit a Mortgage Application

There are a few things to be aware of before submitting a mortgage application online:

• Ensure you are using a secure Internet connection. This is usually represented by a padlock symbol displayed on your browser and a leading https:// on the document location.
• Ensure the company is licensed nationally. Large brokerages service clients anywhere in Canada. If you plan to apply online, select a company that can service you and that is licensed to do business in your province.
• Try to stay away from rate shopping sites as they tend to resell your information and may release it to more than one brokerage.
• Do not give out more information than necessary. Never give bank account or credit card numbers. Social insurance numbers may speed up the process and help verify your information, but it is not necessary in most cases.
• Most importantly, make sure the website you select has a physical address and phone number incase you need to see or speak with someone.
• Once you are comfortable with the website you have selected, you can begin your application. It is important to note that once you submit an application, you have agreed to the terms of service and privacy policies of that website. If the website does not have any such disclaimers, you may want to select a different website.
• Don't worry about the type of mortgage you are applying for because the mortgage associate will help determine which types best suits your needs. Just provide as much accurate and up-to-date information to the associate as soon as possible. If you have any questions or concerns about your mortgage, many applications have a comment section or area for additional messages.
• Write down the reference number or confirmation number of the application. It will help when referencing the application in the future. We hope your experience is a pleasant one, but if you are uncertain or you have encountered a website that you feel is misrepresentative, please call us at 1-866-530-5541 and we will do our best to assist you.

Application Submission

When applying for a mortgage with Alberta Equity Mortgages, your application is received in a timely manner. Our representatives are available to discuss your mortgage application as soon as it is sent. If you applying for a new home mortgage, you will be contacted immediately for further information so we can obtain a faster approval for you. Mortgage Refinances also receive top priority. Mortgage Switches, Transfers and Second mortgages are set up promptly as well so there are no delays in the processing time. If you have any questions in regards to this application, please contact us immediately so we can assist in getting your financing in place without any delays.

Alberta Equity has helped over 50,000 people find and qualify for the best mortgages in Canada for over ten years. We do all of the heavy lifting and ensure that you get the best mortgage rates and product features available. Apply online for a free, no obligation consultation or alternatively, view our products and services.