Real Estate Refinance

We will review the commitment letter and enter its details on the conveyancing platform.

We will assist you with completing ID verification and the client intake. As part of the client intake, we will help you collect the required information for their transaction, including what they wish to do with the proceeds of the transaction.

We will obtain a title abstract of the property for you from Teraview as well as the instruments on title that are relevant to the transaction. If you require any additional instruments you can ask us to pull them for you. We will also obtain writ searches on the borrowers.

We will prepare all of the standard closing documents for a residential real estate refinancing transaction and will notify you to review and approve them.

We will review the mortgage instructions and will prepare the documents required by the lender as well as the request for funds.

We will prepare and send a payout statement request to the existing mortgagee.

We will prepare the draft charge for your review and approval.

We will schedule a virtual client signing meeting for you, prepare the zoom link and share it with you and the client. We will also send the closing documents to the client for electronic signing ahead of the meeting so they are able to sign at the meeting.

We will complete the title insurance application and submit it upon your approval to the insurer.

We will prepare the trust ledger as well as your statement of account for the transaction for your review and approval.

We will prepare and complete the report to the mortgagee. We will also prepare a draft reporting letter to the client for your review and approval.