Latest in Mortgage News: Industry Announcements
Reverse mortgage clients of Equitable Bank can expect a quicker and less expensive closing process, according the the bank.Equitable, one of just two reverse mortgage providers in Canada, announced the launch of its new closing process this week. The change will mean, for example, that borrowers in Alberta, B.C. and Ontario will no longer be required to retain two lawyers to close their deal. Instead, Equitable Bank can work directly with their own lawyer to verify identification, register and fund the mortgage.
Original Article Source Credits: canadian mortgage trends, https://www.canadianmortgagetrends.com/
Article Written By Steve Huebl
Original Article Posted on : January 17, 2020
Link to Original Article: https://www.canadianmortgagetrends.com/2020/01/latest-mortgage-news-industry-announcements/