Kokanee Mortgage
  • About
  • Products
  • Where We Lend
    • British Columbia
    • Alberta
    • Saskatchewan
    • Manitoba
    • Ontario
    • Yukon
  • Appraisers
  • CONTACT
  • Menu Menu
Fast Approvals

The Secret To Fast Approvals

November 15, 2022/in Articles /by Chris

Well okay, maybe “secret” is a bit on the melodramatic side.

But some insight into how to achieve fast approvals for your clients, that is absolutely on the table.

As a broker, you obviously want to be able to offer the absolute best for your clients, that is a given.  And providing them the best, means to provide them with the fastest route to approval possible.

So how do you achieve the fastest route to approval?

By working with your lender and giving them the ENTIRE story from the start.

Seems simple enough right?  But not all brokers think to offer all the information from the beginning. In fact, quite often lenders will get an inquiry with just an address or a couple facts about a deal.  And lenders know that sometimes the broker is just trying to gauge a lender’s interest to see if it’s worth putting in the work of crafting an application.  Fair enough.

But, this in turn leads the lender to provide vague responses.

Not because the lender is being difficult, but because there are a whole range of solutions that can be offered. The lender needs all the information in order to narrow down what the borrower is trying to accomplish. And when it’s more than just a cursory inquiry, minimal information inquiries are definitely not optimal for getting answers or approvals.

Limiting your information at the start is like asking how long it takes to shovel a driveway… before you know how much snow there is.

So, from a lender’s perspective – send EVERYTHING you have from the start. Send it all right up front.  Give us the good, the bad, and the stuff you may not think is relevant.  You are not wasting our time – in fact, you’re clearing the path to a much quicker approval.

Share this entry
  • Share on Facebook
  • Share on Twitter
  • Share on WhatsApp
  • Share on Pinterest
  • Share on LinkedIn
  • Share on Tumblr
  • Share on Vk
  • Share on Reddit
  • Share by Mail
https://kokaneemortgage.com/wp-content/uploads/2022/11/Untitled-design-24.jpg 1080 1080 Chris https://kokaneemortgage.com/wp-content/uploads/2021/08/logo-kokanee-mortgage.png Chris2022-11-15 11:48:142023-10-09 14:56:40The Secret To Fast Approvals
newsletter-signup-button_side

Recent Posts

  • Financing Borrowers in a Consumer Proposal
  • Why Character Matters In Alternative Lending
  • Why We Lend In Small Towns When The Banks Won’t
  • What To Do When A Borrower Passes Away
  • Rising Interest Rates And Affordable Payments?
Kokanee Mortgage
  • Ontario: (416) 800-0723
  • Western Canada: (250) 828-2849
  • Toll Free: 1 844 KOKANEE (565 2633)
  • Text: (250) 299-6926
  • info@kokaneemortgage.com
Newsletter Sign-Up
  • About
  • Products
  • Where We Lend
  • Appraisers
  • Investors
  • Articles
  • Contact
Facebook
Instagram

2021 © Copyright Kokanee Mortgage | Privacy Policy  |  Terms of Use    Site by Ignite Design

The Power Of Pictures Power of Pictures Rising Interest Rates Rising Interest Rates And Affordable Payments?
Scroll to top

This site uses cookies. By continuing to browse the site, you are agreeing to our use of cookies.

AcceptHide notification only

Cookie and Privacy Settings



How we use cookies

We may request cookies to be set on your device. We use cookies to let us know when you visit our websites, how you interact with us, to enrich your user experience, and to customize your relationship with our website.

Click on the different category headings to find out more. You can also change some of your preferences. Note that blocking some types of cookies may impact your experience on our websites and the services we are able to offer.

Essential Website Cookies

These cookies are strictly necessary to provide you with services available through our website and to use some of its features.

Because these cookies are strictly necessary to deliver the website, refuseing them will have impact how our site functions. You always can block or delete cookies by changing your browser settings and force blocking all cookies on this website. But this will always prompt you to accept/refuse cookies when revisiting our site.

We fully respect if you want to refuse cookies but to avoid asking you again and again kindly allow us to store a cookie for that. You are free to opt out any time or opt in for other cookies to get a better experience. If you refuse cookies we will remove all set cookies in our domain.

We provide you with a list of stored cookies on your computer in our domain so you can check what we stored. Due to security reasons we are not able to show or modify cookies from other domains. You can check these in your browser security settings.

Google Analytics Cookies

These cookies collect information that is used either in aggregate form to help us understand how our website is being used or how effective our marketing campaigns are, or to help us customize our website and application for you in order to enhance your experience.

If you do not want that we track your visit to our site you can disable tracking in your browser here:

Other external services

We also use different external services like Google Webfonts, Google Maps, and external Video providers. Since these providers may collect personal data like your IP address we allow you to block them here. Please be aware that this might heavily reduce the functionality and appearance of our site. Changes will take effect once you reload the page.

Google Webfont Settings:

Google Map Settings:

Google reCaptcha Settings:

Vimeo and Youtube video embeds:

Other cookies

The following cookies are also needed - You can choose if you want to allow them:

Privacy Policy

You can read about our cookies and privacy settings in detail on our Privacy Policy Page.

Privacy Policy
Accept SettingsHide notification only