Immediately once your transaction becomes firm and unconditional.
02
Contact our office in order to get an application form so your name can be entered into our system.
03
Your Broker of Record must be registered with our company in order to facilitate your transaction. His or her responsibility is outlined in the REI Cash Advance Contract.
04
To the best of our knowledge, cash advances are tax deductible. Please consult your professional.
05
Yes, absolutely, REI is a lending company legislated and licensed by the Province of Ontario and employs professionals well aware of the importance of confidentiality.
06
As described in the REI contract, it is transferred to your next transaction with interest being accrued.
07
REI is able to advance up to three advances per transaction at the same time but not to exceed $50,000 per agent.