Toronto, Ontario – Mortgage Broker Store is a Toronto based mortgage brokerage and private lending company that specializes in hard to place loans. The company specializes in more legally complex mortgages involving power of sale, and foreclosure. Unlike banks, trust companies, and credit unions, Mortgage Broker Store will only consider the value of the property and the value of mortgage debts in their approval criteria. To simplify the process of getting a mortgage that does not have any legal complications, Mortgage Broker Store has created an Automatic Mortgage Pre-Approval Tool.

This tool allows borrowers to create and download a personalized private mortgage pre-approval without ever interacting with another person. Currently, the tool only works for cities and towns in the province of Ontario and only for refinancing mortgages. Borrowers will automatically get an email with a PDF download for their mortgage pre-approval document. For mortgages that cannot be automatically approved by the computer software, a mortgage specialist will personally evaluate the mortgage request. Mortgage specialists can get back to borrowers within 1 business day.

The mortgage pre-approval software goes through the same approval steps that a typical human evaluator will go through. After a borrower enters their city, the software pulls the requirements for that city from a local database. As long as the borrower meets the criteria that is specified in the database, the automatic mortgage approval is sent. The database of approval criteria is updated on a monthly basis to ensure that accurate pre-approval documents can be transmitted year-round.

The online tool is hosted on a fully responsive website meaning that it will adjust to any resolution. A user can use the tool with a PC, tablet, or phone on either landscape or portrait orientations and still have a great experience. Contact details for Mortgage Broker Store’s support team are prominently displayed on the tool page for any users that require live assistance.

About Mortgage Broker Store

MortgageBrokerStore.com was founded as a website in 2010, as an online private mortgage lender. They have since expanded services to include the brokering of mortgages and consulting. The principal broker, Ronald Alphonso, is well known in the media for his expertise in stopping power of sales and foreclosures in Ontario. Ron has personally funded over 500 private mortgages with a yearly lending volume of over ten million. For more information about Mortgage Broker Store and its team, visit their website at https://www.MortgageBrokerStore.com.