If you have a firm sale on your current home, our service allows you to access the equity before the completion of your sale. Typically this is used for a deposit on a new home, but it can be spent on any taxes, moving expenses, closing costs, or personal expenses.

PROCESS

Note* Before the process begins, please confirm the services of a Lawyer or Notary have been retained and their office has received the necessary documents pertaining to the sale.

• Required information is sent to admin@depositfinancing.ca

• Documents are issued for signing via Zoho sign

• The signed documents are sent to the Lawyer or Notary for execution

• Funds are transferred electronically into the account provided

• Upon completion of the sale, all funds and fees are repaid to Deposit Financing by your legal representative

PRICING AND PARAMETERS

$100,000 - $200,000 loan amounts will be looked at and reviewed on a case by case basis.

British Columbia properties only

FEATURES AND ADVANTAGES

Appraisal not required

No monthly payments

No credit check

Quick funding

No income verification required

No mortgage registration

Electronic signatures accepted

All funding is processed electronically