Whether you’re looking to purchase your very first home, upgrade to a new home, renew your existing mortgage, refinance your mortgage to free up some equity, purchase investment properties or vacation homes, build a home or commercial property or lease business-related equipment, Ethel is here to guide you through the process.
Ethel will search the lending products to find the best possible mortgage solution tailored to you. Ethel works for you - to ensure you receive the best rates and products available in today’s marketplace.
Ethel provides for residential clients a no charge consultation to advise a client the pre-authorized mortgage amount based on their current disclosed financial situation. The mortgage application process can be stressful and she offers pre-authorizations to proposed clients to ensure that when the client submits an offer on the home of their dreams that they will be confident that they qualify for the financing prior to submitting the offer.
Ethel also provides with pre-authorizations the estimated fees and closing costs to ensure that the client does not have buyer’s remorse due to unknown or unforeseen costs during the home buying process.
If a client is just starting the home buying journey or has hit a financial road bump and recovering and requires consultation on what is required to get to where they need to be, Ethel is happy to assist. Ethel will provide a financial snapshot of where the client is currently in the home buying process and what is required in the next steps to get to where they want to be…
If you’re looking to access some of the equity in your home or you have a mortgage that is up for renewal in the next six Canadians face many reasons today to Refinance their Mortgage. For example, you may have been working at improving your credit score and now qualify for a new mortgage with a better discount, or you may want to stabilize your payments by changing from a variable rate mortgage to a fixed-rate.
Refinancing is also a good option to pull out equity for consolidating debt, home improvements, investments, college expenses, and more. While most Canadians spend a lot of time, and expend a lot of effort, in shopping for an initial mortgage, the same is generally not the case when looking at mortgage term renewals.
Generally, it is a good idea to start shopping for a new term between four and six months before your current mortgage term expires. Your mortgage is one of your biggest expenses. For this reason, it is imperative to find the best interest rates and mortgage terms you possibly can. By shopping around at renewal time, you can save substantial amounts of money over the life of your mortgage loan. Do not be one of the 60% who just simply sign their renewal letter and send it back.Use the profession mortgage services Ethel provides to ensure the lenders compete for your business… you have options. Often a quick phone call can result in huge savings.
Tell me about your current finances and situation plus needs during the first meeting or phone call (virtual zoom meetings are available as well as phone call – always client’s choice on type of meeting preferred). This will help me determine end goal to structure the product to your specific needs.
Online Application and Documents requested dependent on application request. The faster the online application and documents are received/submitted to me the faster I can get an approval.
This is where I work my magic. I review the mortgage application and documentation to structure your deal to your specific requested needs. I will call to review with you prior to submitting to lender for approval to ensure that you are satisfied with the application as submitted.
The mortgage application and documents has been submitted to the lender for approval. The lender then reviews the file/application and provides approval based on information provided.
Once I receive your mortgage approval package form the lender, I will call you to arrange an appointment to review. If you have any questions, we can discuss to ensure that you understand all the mortgage terms and conditions and are comfortable with the lender requirements and understand them fully.
If the lender has come back during the Lender Review with additional requirements, I will request more documents from you at this time and explain to you why.
Once ALL the lender requirements have been met, the lender will send a letter of instruction to the solicitor or your choice.
Your lawyer or notary will contact you to arrange an appointment date for you to come in and sign legal/mortgage documents.
Mortgage proceed funds will be provided on the Closing Date of the mortgage once all documentation has been signed and satisfactory Solicitor Letter of Opinion sent to lender.
"dedicated in assisting clients in making responsible informed decisions"
Ethel Lariviere is a Mortgage Specialist with BMO Bank of Montreal
As a Mortgage Specialist, I am dedicated in assisting clients in making responsible informed decisions by providing unbiased guidance and expert industry and market knowledge. Passionate in providing innovative lending and mortgage solutions tailored to each individual’s specific unique needs. With over 23 years in retail and commercial lending, I embrace entrepreneurship, small business and the keen ability to look out of the box as no two businesses or individuals are alike. If you are looking for a service-oriented, relationship-oriented, mortgage professional that is ready to advise you - from start to finish, whether you are looking to buy, build, renew, refinance or simply want an unbiased second opinion.
Contact me today!