BOOK APPOINTMENT

Mortgage and Refinancing

If you are refinancing your existing mortgage or obtaining new financing against your property, we can assist with the legal requirements of the transaction.

Our services may include reviewing lender instructions, conducting the required title searches, preparing and registering the mortgage, obtaining payout statements for existing mortgages or debts that are required to be discharged, communicating with the lender, and completing the transaction in accordance with the lender's instructions.

For a mortgage or refinancing transaction, you may be required to provide:

  • Identification and information required for client identification and verification
  • Mortgage broker and lender information
  • Information regarding your existing mortgage
  • Property tax information
  • Property insurance information
  • Other documents required by the lender or necessary for completion of the transaction

Private Mortgages

Private mortgage transactions can involve different risks and requirements from conventional bank financing. Whether you are a borrower or lender, obtaining independent legal advice and understanding the terms and obligations of the mortgage are important.

At Sahib Law, we assist with private mortgage transactions, subject to our review of the transaction, lender instructions, conflict requirements, and completion of the necessary legal and regulatory due diligence.

Depending upon the transaction, we may require:

  • Identification and client verification documentation
  • Corporate documentation, where a corporation is involved
  • Mortgage and lender instructions
  • Information regarding existing mortgages and other registered encumbrances
  • Property information
  • Additional documents necessary to complete our legal and professional obligations

Acceptance of a private mortgage retainer is subject to our review of the particular circumstances and applicable professional requirements.