The Players Involved With Your Mortgage


Mortgage Agent / Broker
A Mortgage agent will negotiate with various lenders on your behalf in order to secure the best deal to suit your individual needs.


Lender
King Mortgage, and Verico Designer Mortgages have access to over 40 lenders where we can shop for the mortgage that best suits your needs.


Appraiser
The appraisal is a professional opinion by a third party who will determine the market value of the property. The appraiser will search out a minimum of three other like properties (same size, style, or square footage) and compare them to the subject property.

They use a process of addition and subtraction for different physical attributes to obtain a bottom line adjusted price. When determining a mortgage loan amount, the lender will base it on the lower of either the appraised value or the sale price.


Lawyer
The Lawyer will take care of the closing process. If you do not have your own preferred lawyer, we can suggest a few we have dealt with.

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