We are open all of December.

Mortgage Transactions

There are many reasons why you might decide to refinance your mortgage. The most common reasons are to either benefit from a lower interest rate or to access capital from your home. If you are thinking about mortgage refinancing it’s important to understand the costs and fees associated.

Mortgage Refinancing in 3 Easy Steps

Thank you for choosing RealEstateLawyers.ca LLP. Please follow the steps below so that we can open a file for your transaction. Our office will be in touch with you a few days prior to your closing date to finalize the signing of your closing documents. Should you have any questions along the way please be sure to let us know.

Please complete your THREE (3) Step Checklist as soon as possible.

NOTE: if this is a condo you need to order a status certificate from property management prior to closing.

To Get Started, Follow These 3 Steps

Contact Your Lender

Contact your Mortgage Broker Or Lender (Bank)

Let them know that Real Estate Lawyers.ca LLP will be representing you.

Ask them to forward Mortgage Instructions to our office by fax at 1 (855) 466-3803 or by email to [email protected]

Send Us Your Mortgage Documentation, Property Tax & Fire Insurance

Forward your most recent Property Tax Bill confirming taxes are in good standing.

Contact your Insurance Broker (Not applicable when buying a Condo)

Ask them to forward fire Insurance Binder to our office nothing the Lender as a loss payee(1 page document that pays your lender in case of a fire)

Complete The Following

Borrower(s) Name(s)


Property Address

All documents can be send by Email: [email protected] OR Toll Free Fax: 1 (855) 466-3803 or 1 (855) 466-3803

FAQ - Corporate & Commercial Matters

To hire Real Estate Lawyers.ca LLP all you need to do is get us your Agreement of Purchase and Sale by email or fax: Email: [email protected] Fax: 1-855-466-3803

When we open your file you will receive a closing checklist. We require you to complete your intake form We also need your bank/lender to forward mortgage instructions to our office by fax 1-855-466-3803. Such instructions are required for us to register your mortgage on your ownership and for the bank to advance funds to our firm on your closing date. We also require your most recent property tax bill and mortgage statement or line of credit statement for all liens secured by the property you are selling. Based on the mortgage instructions received from your lender we may require additional statements for credit cards or other payouts the bank requires. These will be noted on your mortgage commitment.

Once we receive your mortgage instructions, we will open your file within 1 (one) business day. You will receive a detailed closing checklist of what you need to do before closing. Your law clerk will be in touch with you approximately 5 (five) days prior to your closing date. You will not hear from us before then but you can contact us by phone or email at any time if you have questions along the way.

Once we have all documentation from your lender we will be able to finalize the documentation for you to sign. If our instructions are followed and we receive mortgage instructions more than 5 business days prior to closing we will be sending you an appointment request 2-5 business days before closing. We prefer not to have you sign on the day of closing as it causes you too much stress.

You select the time and location of where you want to sign your documents. For example, Saturday night at home, or during lunch time at work, or after work at home. Included in your flat rate legal fee is one signing appointment. Visit www.RealEstateLawyers.ca/Mobile for more details about our mobile signing option. We operate such service from 7am-midnight (EST), 7 days a week.

Our flat rate legal fee applies to a residential single family dwelling on city services, being vacant on closing with one first mortgage and no other encumbrances or liens on title. Our disbursements (if applicable) comply with LSO Rule 4.2-2.1: HST, land transfer tax, govt. document registration fees, fees charged by govt., Teranet fees, costs of condo status certificate, lawyers creditor’s letters and title insurance. The fee is valid if our firm is hired and receives the Agreement of Purchase and Sale and mortgage instructions at least 5 business days prior to closing. If any unforeseen issues arise you will be notified immediately. Note that additional charges apply to investment properties, commercial properties, occupancy closings, lines of credit or additional mortgages/lines of credit, bridge loans or any other matter beyond the scope of a standard real estate transaction. Visit www.RealEstateLawyers.ca/quote for a detailed quote for your transaction which can be instantly emailed to you.

An insurance binder is required to close your transaction. Fire insurance is required for your lender and we will not receive mortgage funds without your insurance binder. You will be provided instructions as to what info is required on the fire insurance binder. Speak to your insurance broker as they will be aware of such requirements. Your Lender must be noted as a loss payee.

Mortgage instructions are sent directly from your lender to our firm by fax. We cannot rely on your mortgage commitment as the mortgage instructions provide further details as to how your lender requires their mortgage to be registered on title.

Mortgage instructions are required from your lender and are sent directly from your lender to our firm by fax. We cannot rely on your mortgage commitment as the mortgage instructions provide further details as to how your lender requires their mortgage to be registered on title.

Once we receive the net advance from your lender and all payouts and discharge statements we will be able to finalize your final figures. All figures will be finalized prior to the closing of your transaction.

When you sign your closing documentation you will sign a direction to our firm as to whether you want to receive funds by certified cheque, Electronic Fund Transfer (EFT) or Wire Transfer. Funds are released as per your direction the business day following closing.

Once we close your transaction and register you as the new owner you will receive an email confirming that your deal is closed. Attached to this email will be your closing report and your official mortgage.