Why Use a Mortgage Broker

Home

6 Reasons to Use a Mortgage Broker

Low Rate Mortgage Shares Top 6 Mortgage Tips

1. ACCESS TO COMPETITIVE RATES.
Mortgage Brokers deal with multiple competing lenders
and can often access exclusive rates. They also
have the power to negotiate rate discounts from
lenders, which can be passed on to their clients.
2. KNOWLEDGEABLE ADVICE.
Mortgage Brokers offer consultative service, advice and
solutions that are customized to each client’s
needs. And unlike banks, brokers work for you.
3. SPEED AND CONVENIENCE.
Mortgage Brokers will work around a client’s schedule to
make the transaction as easy and convenient
as possible.
4. PRE-QUALIFICATION.
Whether you’re shopping for a new home or
refinancing your existing mortgage, a broker can
help you obtain a pre-approved mortgage, often
with up to a 120-day interest rate guarantee.
5. PRESERVED CREDIT RATING.
When you shop for a mortgage, there is an
accumulation of lender inquiries on your credit
bureau report, possibly affecting your credit
rating and, ultimately, the rate and terms of your
mortgage. This isn’t the case with a mortgage
broker, who only does one inquiry yet can still
get many competing lenders to quote on your
business.
6. PEACE OF MIND.
The Canadian Association of Accredited
Mortgage Professionals has a stringent Code
of Ethics that members are required to adhere
to in order to retain membership.
For many people, mortgage payments are their single largest expense. Yet, when financing a home,
most Canadians don’t comparison shop to ensure they’re getting the best mortgage rate and terms
available. This mistake can cost homeowners tens of thousands of dollars over the course of their
mortgage. These are six ways mortgage professionals can help:

For more information
Contact us through this site or by phone 905-443-0197 Lowrates, Mortgages, Advice

Comments

#1 Maxine Patterson 2011-02-09 09:36

Greetings.
I am tired of renting and stand to receive approximately $10,000 back from my Income Tax.

I had credit issues in the past and tired of being ripped off by everyone wanting me to rent from them and pay their mortgage.

So I am at the point where if I can only qualify for a Rent to Lease Property to go for it.

I would appreciate working with you in order to achieve my goal by at least the end of this summer.

Thank you.
Maxine

Quote

Refresh comments list
RSS feed for comments to this post