Your Trusted Vancouver Mortgage Broker

What can we do to help you? ?

Auxilium Vancouver Mortgage Broker believes that your home is much more than just a roof over you head. It is where family and friends come together, memories are made, and families are formed. A home purchase is both a fulfilling experience and a key component of your financial plan. A mortgage is not viewed as a debt. It is part of a larger financial puzzle.

It is just as important to choose a mortgage as you do the house. You want one that suits your needs, is secure and will be a good investment. You don’t have to make difficult decisions about fixed, variable, blended or open rates or whether you want an open- or closed-term. You’ll be able to spend less time worrying about finances and more time living in the home that you deserve by working with the right mortgage broker.

Why Work With Auxilium Vancouver Mortgage Broker?

The mortgage process can seem daunting when you are buying a house. We take the time to explain it all, break down the terminology and show you how to get the best deal. Our team is available to help you but we are most concerned about making sure you get the right mortgage for you.

We are pleased to offer the following services when you work with the Auxilium Team:

You can save time and have more options. You have access to many lenders which allows you to access a large variety of products and services. We don’t have a single product, unlike traditional banks and credit unions. Instead, we work with more than fifty lenders, each of whom offers a multitude of products.

We can help you avoid unnecessary risk. We have a vast understanding of the criteria lenders use to determine borrowers’ eligibility and are able to draw on our years of experience. Our brokers are able to identify products that have unforeseen fees and penalties. This will help you avoid the financial consequences of making a poor decision.

All details will be taken care of. We can handle all details of the transaction, including the lender, appraisers, credit agencies, lawyers, and real estate agents. We keep you informed throughout the whole process.

Auxilium Vancouver Mortgage Broker has been accredited by the Better Business Bureau. This includes a promise to resolve consumer complaints in good faith. Our team was Finalists for BBB Torch Award in 2015/2016 & 2017 and Winners in 2018.

Who are We?

Auxilium is your one-stop financial center for your home. Our holistic and global approach to financial wellness is what we use to help our clients. We offer investment, mortgage and insurance products as well as consultations.

We are an independent, locally-owned and operated mortgage brokerage that is not subject to any national or corporate head office. Instead, we are accountable to you, our client. We have access to more than 50 lenders across Canada, including the largest banks and smaller credit unions, and can help you save time and money by shopping around to find the best rate and product.

Our team has more than 100 years combined mortgage experience. We apply this knowledge to every client. Working together, we can each bring our experience to your file. You don’t have the luxury of believing us; you can read reviews on Google or Facebook from our clients about their experiences.

Looking for a mortgage in Vancouver? The Auxilium team is the best place to start your search.

The Mortgage Process with Auxilium:

You have the option to submit your mortgage application online and get approved by our team.

It can be very complicated to finance a mortgage. The most common source of anxiety is not knowing where your file is at.

We ask for your patience as we work through this process together. We will work to improve your application and make sure that you get the best mortgage solution.

STEP 1: Meeting and Pre-Approval

Our first step together is to get acquainted with you and your needs. Please give us a call, or complete our contact form to get in touch with us.

We’re here to help you understand your mortgage needs. Our goal is to:

Assess your needs

Complete a application

Determine the necessary paperwork.

We’ll then send you a document list confirming all the necessary paperwork to proceed. Our process allows you “drag and drop” the documents to secure sites for your convenience.

Our team will keep your informed throughout the process. Once we have all the information we need to determine the best mortgage options for you, we are ready for our next meeting, either in person or online at a time that suits you.

STEP 2: Mortgage Approval

Once you have given us permission to handle your mortgage file, we forward it to the lender who best suits your needs and provides the best solution. We may not hear from the lender for up to one week. Once we do, we will notify you of the expected timeframe. Our goal is always to respect your deadlines and work to meet them.

Every lender will have a different process, so we cannot tell you what to expect. The lender will typically review your documentation and may request additional documents or an appraisal. To complete your file, it is important that you send these details as soon as possible.

Once the lender has completed their review of your file, they will sign off final. This confirms that we have fulfilled all conditions. If the transaction involved a purchase we will notify you and your realtor that your financing condition can be removed. Sometimes, the lender may require additional information that will not be available until your closing date. We will send you an update and remind you about these details to ensure that your lender has all the information they need and that your mortgage is funded on schedule.

STEP 3: Lawyer Instruction & Closing Review

After we have received the “File Complete” from the lender, the lawyer who will be acting for you will be instructed. We will provide all details regarding your transaction to them during this instruction process. We will also contact your lawyer 7-14 days before you take possession of the new property or refinance your existing one.

You must notify us immediately if you are unable to physically attend your lawyer’s office in order to sign the paperwork.

STEP 4: Lawyer Visit

You will need to meet your lawyer approximately 3-7 days before your closing date to sign the mortgage documents.

Before you go to an appointment, make sure you have these items in order:

The remaining balance of your down payments funds are available. You will also need to give the lawyer a certified draft to cover any closing costs. This amount will be provided to you by your lawyer in advance.

You have arranged home insurance. The loss will be paid to the lender. This can be done by our team or your insurance provider. Without adequate insurance, you will not be able to get the keys to your property.

Your lawyer will review the documents together with you and paraphrase each section. We recommend that you request the lawyer to send you the documents prior to your meeting if you wish to go through the documents in greater detail. These documents are quite long and will take you a lot of time to read while you’re in the lawyer’s office.

STEP 5: Possession Date and Move In

Finaly, at the agreed time, you will be given your keys and possessions of the house.

To inspect the property in its current condition, it is important that your realtor, or another third party, not a family member, walks through it. You should inspect the property for missing lights, curtain rods or other damage that wasn’t disclosed. If you don’t have an independent party to support your claim, it is much more difficult to file a claim against the seller.

Steps 3 through 5 can differ depending on whether the mortgage is for a purchase or refinance. Some lenders require that you visit a branch before you can get financing. Our team will inform you of what to expect from your file once we have started working with you.

For a printable, printable version of this information, click the button below. You can also learn more about the Auxilium Team.

Auxilium, a company based in Victoria BC, works with clients across Canada and locally. We are available by phone 24/7.

Who pays us?

If you have excellent credit and need a traditional mortgage, our cost is covered by the lender. This means you don’t have any extra to pay! There are fees for those with poor credit or who need an alternative mortgage. Our services are usually not paid by the lenders who provide these mortgages. These fees are dependent on the individual situation. They will be discussed upfront with you and clearly disclosed prior to finalizing the mortgage.