Obtain the instructions from the creditor, your financial institution;
Proceed with the required verifications to ensure that the transaction is legal such as the review of titles, location certificate, and, if necessary, of divided co-ownership documents;
Set up a meeting to answer all your questions, obtain your signature and, mostly, explain all the details of the loan and your obligations under the mortgage guarantee (payment of property taxes, subscription and maintenance of property insurance, and more);
Post the new mortgage guarantee on your building in the Quebec land registry;
Receive the funds from the financial institution and proceed with the disbursements as instructed;
If requested by the creditor, he will proceed with the delisting (discharge) of all the former mortgage guarantees from the Quebec land registry
Finally, your notary will supply a detailed written report of your titles to your creditor.