Why choose Apply Financial?

We believe our website will appeal to smart, tech savvy home buyers who want to know their options and make an informed decision. We provide you with a convenient format to take charge of the mortgage application process -all on your own timeline.

If you’re just starting your house hunting journey, our pre-approval process lets you get prepared from the comfort of your own laptop. No appointments necessary.

When you’re ready to pull the trigger our application process is super-efficient. Just click a button and we put all the best rates and terms in front of you, allowing you to choose with confidence.

Here’s how we do it:

• Even before you get pre-approved it’s great to understand what kind of mortgage you can afford. We have a variety of calculators that can help you with a self-assessment.
• Beginning with straightforward mortgage payments, to understanding different rate options and amortization scenarios, to completing a detailed household budget, we cover all the bases. These tools will help know when you are ready to move forward.

• When you are ready, the first step is to create your own secure profile.  We take your data protection very seriously using industry-standard SSL encryption.
• Our software supports multiple application scenarios, from individual, to joint spousal, to multiple co-applicants and guarantors.

• If you create a spousal or common-law application, where both parties are on title to the mortgage, all information is shared (co-mingled) between the two parties.
• We have lots of flexibility for how you provide the information: one spouse can enter everything and the other spouse only need to review and provide their consent, or you can take turns controlling the pen and each enter your own information. For example, you might sit together at the kitchen table and work together through one login or, the 1st applicant can exit the application and the 2nd applicant then logs in through their own profile.
• If your the parties to you application are not married or common-law, the application information is kept private (not shared) between the parties. In this scenario, the primary applicant creates the application and invites in the co-applicants. Each co-applicant takes turns logging in to provide their own personal details. Only the lender sees all co-applicants’ personal details. This also applies to applications with guarantors.

• Obviously, we need to review your application before sending it to lenders. This ensures that your application is in good shape, with the highest probability of lender acceptance and that it will move forward to completion as fast as possible.

• When our internal review is complete, we match your application with our lender’s criteria and show you your options. This is where our technology kicks in. You get to choose who you want to work with. Do you want a big bank because they can offer you additional services? Do you want an aggressive start up that runs a lean business and passes the savings on to the consumer via a lower mortgage rate? That is up to you to decide.

• All lenders will require some documentation to support your application. Standard examples include: proof of employment, proof of income, source of down payment, purchase and sale contract etc. The good news is our drag and drop upload process makes this as easy as can be.