Buying a new house before you sell your current home

Posted by Richard Moxley on November 26, 2009 · Leave a Comment

Find out how others experience was.

What your financing needs were and how I was able to help?

-We were very specific in the product that we were looking for. We wanted an ability to pay a minimum of 20% of the original loan annually. In addition, we wanted to place a HELOC on the new home to bridge the sale of the old house instead of having to add and remove after sale original property.

- If you feel you got a good rate for what was being offered at the current time

We were 0.2% above the absolute lowest 5-yr fixed fast possession but still 0.5% below best posted with the product we wanted.

- Any other service related items (turnaround times, organization skills, knowledge, or overall experience)

You were very very responsive to the timing. It was disturbing having to be exposed with our value to the potential of the 40 basis point increase on 5 years rates due to not being able to confirm until under 30 days prior to close but all worked out well. Also we appreciate the effort to work with the underwriter to mitigate the documentation needed.

Never did see you face to face. Was surprised the the time found your picture of you and your family online - didn’t know you were only 12 years old - just teasing.

Gary

Calgary Alberta

Filed under Testimonials · Tagged with Alberta Mortgage Broker, alberta mortgages, Calgary Mortgage Broker, Calgary mortgages, Calgary real-estate

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Buying a new house before you sell your current home

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