Quick Close Mortgage
A mortgage that closes in a short period of time, typically within 30-45 days. Lenders can often offer lower rates on Quick Close Mortgages. This is because they will have lower origination costs as a result of not having to pay as much to hedge the shorter-term Rate Hold Period.
About The Author
Don Scott
Don Scott is the founder of a challenger mortgage brokerage that is focused on improving access to mortgages. We can eliminate traditional biases and market restrictions through the use of technology to deliver a mortgage experience focused on the customer. Frankly, getting a mortgage doesn't have to be stressful.
Related Posts
Here's What You Can Do
Updated Strategies for 2025
Growing Market Share in Canada
