Benefits Of Using A Mortgage Broker
Saves you money
I have access to discounted rates. Because of the high volume that I do, lenders make available discounted rates that are not available directly through your bank or other Mortgage Brokers.
I have a better understanding of what mortgage products are available than your bank
I maintain my Mortgage Broker license by attending regular continuing education courses for Mortgage Brokers, plus I have been in the industry for 17 years as a broker and former manager with TD Bank.
Saves you from becoming stressed out
It can be daunting to find a mortgage, I take on that stress for you. I will make sure all the paperwork is in place and I keep in good communication with you so that you know what is going on with your mortgage and will keep you up to date with any complications so that there are no surprises.
The Mortgage Brokerage industry is monitored by governing bodies
Nowadays, as a Mortgage Broker, it is extremely important to have principles and values that are based on the best interest of the client. In fact, in order to become licensed, a Mortgage Broker needs to be well versed in the ethical and upstanding values that are outlined through the Financial Institutes Commission of Ontario, a provincial governing body that is a watchman for this industry.
My Services Are FREE
I am paid by the lender and NOT by you. I will ALWAYS have the best interest of the client in mind because I represent you, NOT the lender.
I am available 7 days a week and after regular business hours. We can meet at my office or we can meet at your home, you pick the time and location.
I Take On Every Challenge
I have seen every scenario out there and work to make sure that every client knows what is available to them for financing options for a mortgage. Damaged credit and low household income might be a deterrent for the bank, but I know how to approach the lender and have the relationships to get the mortgage approved, even if your bank or another broker has said NO to your application.
Gives you access to lenders that are otherwise not available to you
Some lenders work exclusively with Mortgage Brokers. In these circumstances, you do not have access to these lenders and, therefore, do not have the option to use discounted rates and mortgage products that these lenders offer.
Saves you time
I have access to over 50 lenders. I work with lenders you have heard of and lenders you probably haven’t heard of. I know what is available in mortgage financing and will be able to advise you on what your lending options are without all the leg work and I do NOT have to pull multiple credit bureaus, which effects your credit score. I do the shopping for you.