Mortgage brokers are trained professionals.
My license from provincial regulators requires that I prioritize your interests, not those of the lender, and certainly not my own.
I will provide you with the best advice for your mortgage needs!
A Mortgage broker’s primary expertise is locating funding for mortgage financing. I know where the best rates can be found, and the conditions under which they are available.
I possess the knowledge required to prepare a proposal to lenders which will optimize the terms of your mortgage financing.
Mortgage Brokers work for
YOU and NOT the banks!
Brokers are not limited in the product they can offer you.
Brokers seek out the best lender package to suit your specific situation, whether it’s with a Chartered Bank, Trust or Insurance Company, or Private Funds.
A wide assortment of options and features are available to homebuyers today. Shopping around takes a lot of time and effort. The mortgage process within today’s very competitive marketplace intimidates many Canadian homebuyers. It pays to work with a mortgage professional who will represent you, and ensure the mortgage you get is the one best suited to your needs.
Choosing the wrong mortgage can cost you thousands of extra dollars. Mortgage brokers are trained professionals who can help you save on your mortgage dollar.
10 Reasons to use a Mortgage Broker
Other than rates, why should I use a mortgage broker?
Mortgage financing is my primary business. I know which lenders are most likely be actively looking for borrowers just like you! This insight results not only with favourable rates but also in favourable terms and conditions. There is more to a mortgage than just the rate!
How do mortgage brokers access lower rates?
Interest rates are a concern to borrowers. Lower is better! Because of my daily contact with lenders, I have learned which lenders are most likely to offer the most attractive rate for YOUR situation.
Rates change daily as a function of the general market, but also as a function of the lender’s own business model. I know which lender to approach first. I know how to optimize the result for you and your family. Every time!
Why should I go to a mortgage broker first?
A professional presentation to a lender on the first application will get the best response and save you valuable time and money. I invite you to deal with a professional, right from the beginning. Together, we will get to the right solution, faster.
You don’t call an insurance company for insurance – you use an insurance broker, because of their expertise, product knowledge and rates. The same is true for mortgages. Call me early in the process!
How do brokers get better deals than many banks?
The short answer is “wholesale vs retail”. I get better rates from the lenders because I bring them lots of business. The full answer is a little more complex, but the summary is very close to the complete truth.
It is also true that I can access 20+ lenders. Their businesses fluctuate, just like any business… and sometimes they put mortgages on sale (with lower rates, for the kinds of borrowers they seek).
I know who is lending at what rate, and which represents the best deal for you.
All this, at no cost to you!