With approximately 4.5 million in loans approved
We work to secure the best mortgage option for you
Our mortgage consultants provide a free initial consultation wherein the borrower’s financial situation is assessed to determine if they can potentially qualify for the loan they are seeking.
After confirming that they should qualify for mortgage financing and the client signing up for our services, we provide them with a list of documents required by the financial institution of their choice. We also ask them for some general information in order to fill out the loan application forms on their behalf. Once completed, we require the client’s signature.
In addition, a financial model and borrowing proposal is prepared, which, together with the documentation, is submitted to the bank as a formal request for financing. We can send the proposal to several competing banks as to get the best possible deal for the client. From then on, everything is off the client’s hands and we work with the bank(s) directly until the loan is approved or declined. In doing so, the client does not waste time in consistently following up with the bank(s) regarding their loan request. This saves them effort, frustration and ultimately money as they are free to fully concentrate on their jobs.
Given our Mortgage Consultants’ extensive experience as former lenders in both the corporate and residential mortgage divisions of major Class A banks, they speak “the Bank’s language” and, as such, include with the proposals all the ratios and pertinent details that the lenders need in order to decide on the borrowing request. This saves the Bank considerable time and frustration in dealing with clients that are not familiar with the process.
From applying for a mortgage to closing on your dream home, our mortgage consultants are passionate about bringing you the best service the industry has to offer.
WHAT CAN WE DO?
We have access to an extensive network of financial institutions. We’ll work to ensure the best possible mortgage, and help both parties involved securely complete the transaction.
[Paul Thompson’s] expertise in the fields of banking, insurance and mortgage consultation are unparalleled and it is no alarm that [he] is ranked in the top tier in the Cayman Islands when these services are mentioned.
The financial services which Mr. Parchment provides add tremendous value and it is without hesitation that I recommend him to others.
We are extremely happy with Mr. Parchment’s expert advice and his quick turnaround timeframes. As a result of his assistance, we were able to launch Club Save (Cayman’s premier Discount Savings Membership Program) and we continue to use his services on a regular basis.