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An Unexpected Journey to Home Ownership

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An Unexpected Journey to Home Ownership

By Kam Brar, Auxilium Mortgage Corporation

“I’ve helped many clients achieve goals
that they thought were impossible.”

—Kam Brar

Sometimes the journey to your perfect home takes more twists and turns than you expected. This was the case for Sharon and Susanne, who worked with the Auxilium Team for over two years to purchase the property they now call home.

Susanne originally approached us knowing that she had to rebuild her credit due to a previous bankruptcy. Susanne worked with a dedicated team member to learn more about what a lender would be looking for when she eventually applied for a mortgage. With the support of periodic check-ins from us to make sure she was on track with her progress – a key feature of Auxilium’s ‘Rent No More’ program – Susanne did the hard work and successfully re-established a strong credit report with a great score.

Meanwhile, Sharon was in the process of selling a property she had owned in a previous relationship. She planned to use the funds from that sale for the down payment on her new home with Susanne. In many cases where a separation is amicable, the people involved agree on a path forward and choose to divide their assets without involving a lawyer or notary. However, if one of them applies for a mortgage loan in the future, the lender will need to see a legal separation agreement. We advised Sharon as to the most efficient way for her to secure the documents that would be required to verify her down payment.

With Susanne’s credit repaired and Sharon’s documents being prepared, they were finally able to start looking for their new home. Once they found their perfect property, our team was able to secure them mortgage financing with an ‘A’ lender at a low rate. The closing date on their purchase didn’t quite line up with the sale of Sharon’s old property, so we were also able to find bridge financing for those funds in order to complete the deal.

After an unexpected journey towards home ownership, Susanne says, “Their careful attention to detail gave us the confidence that all the T’s were crossed and the I’s dotted!”

Call or visit us today for more information. Our GoWestShore Portal listing includes all of our contact information.

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