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My mortgage broker said most building will need at least 80% occupancy before they announce the closing date. Hopefully, the builder do not have a lot of units waiting for sale. Usually, it takes 2-3months after the last patch of people occupy the property. However, there were cases where people...

Has anyone start looking for a mortgage? My occupancy date is late March 2013. I got a mortgage rate through my broker. However, we do not have a "closing date" yet, so the mortgage is not effective until we have a set "closing date". I just wonder how long does it take for the builder to...