Swith to Guarantor or Switch to Borrower (B.C. and Ontario)

The Switch to Guarantor or Switch to Borrower checkbox allows lawyers/notaries to switch a borrower to a guarantor, or a guarantor to a borrower, based on client instructions.  The change in status is only allowed when a minimum of one borrower exists on a file after the switch is completed.  Otherwise, the change in status will be refused. Always review the lender’s mortgage instructions to determine if the lender’s written consent is required before making these changes.

Whenever borrower or guarantor status is changed, any documents previously generated will have to be re-generated.