Why Use a Mortgage Broker? - Shannon McCoubrey

Why Use a Mortgage Broker?

Mortgage Brokers are experts in the field, licensed and independent, offering the most reliable and up-to-date advice on mortgages. With a focus on providing a faster, simpler, and transparent experience, they ensure that customers have access to the best mortgage rates, repayment options, and terms. By working with multiple lenders, banks, and financial institutions, they guarantee that customers are able to secure a mortgage product that not only meets their long term plans but also saves them both time and money. Utilizing personalized solutions and recommendations, Mortgage Brokers assess and determine the most suitable terms and conditions for each individual's specific needs. With a service-oriented approach, a reliable and secure process is followed from start to finish, backed by the use of advanced digital tools.

Mortgage brokers provide dedicated service to their clients, prioritizing their clients' best interests over the banks'. They work hard to find the best mortgage solution for each unique situation, ensuring the best rate, terms, and features closely align with their clients' needs. Through a streamlined process, they offer respectful and transparent service, leaving no room for errors or oversights. These brokers have access to numerous lenders, banks, and financial institutions, allowing them to explore a wide range of product options with competitive rates and terms. By taking the time-consuming task of shopping around off their clients' hands, the brokers save both time and money by proactively searching for the best solutions. With the expertise and knowledge of trained professionals, these brokers can guide their clients through the intimidating and competitive market, helping them save money and offering access to innovative tools that improve efficiency and accuracy in Canada.

10 Reasons to use a Mortgage Broker

Up-to-date on all the mortgage rates, terms and re-payment options available on the market.

They only specialize in mortgages and are knowledgeable on current trends.

They increase competition in the market place, thus keeping rates low.

They save you time and money!

Brokers have vested interest in satisfying your needs since they rely on referrals and repeat business.

Access to different lenders, banks, trust companies, investors and financial institutions.

Fast credit and loan pre-approvals with no cost or obligation. (Some conditions may apply)

They are experts at matching you with the best-suited mortgage.

Get mortgage rates at wholesale, guaranteed up to 120 days.

They work for YOU, not the bank.

Using a Mortgage Broker offers benefits beyond just obtaining favorable rates. Mortgage Brokers have a deep understanding of the preferences of lenders when it comes to financing, ensuring that your projects are funded at the best rates available. Their personalized and service-oriented mortgage solutions will provide you with a positive experience from the beginning to the end of the process. They are forward-thinking and will find the best solution for you not only in the present but also in the future, ultimately saving you time and money. They offer custom-tailored products that align with your mortgage needs and long-term plan, and they constantly stay in touch to ensure that you are always in the product that is best suited to your needs. Additionally, they provide step-by-step instructions and education to help you make the right decision. Mortgage Brokers also have access to the most innovative tools in Canada, improving efficiency and reducing errors.

Mortgage brokers have access to a wide range of lenders and stay up-to-date with the latest interest rates. They are knowledgeable about lender-specific rates, which can fluctuate daily due to economic factors or portfolio size. By working with major banks, mortgage firms, trust companies, and private lenders, brokers are able to offer unique solutions to their clients. They specialize in mortgage financing and use their expertise to find the best-suited mortgage product for each individual's specific needs. Brokers also have access to all the current mortgage rates, terms, and repayment options, and receive training on the latest products and opportunities. This ensures that they approach the right lender at the right time to secure the best available rates.

Choosing to go to a Mortgage Broker first can provide you with a customer-centric approach, prioritizing your needs and ensuring a more personalized and positive experience. By receiving a matched product and a well-prepared initial application, you can save both time and money. Mortgage Brokers are licensed experts in the industry, highly trained with extensive product knowledge. They know how to present proposals for the best results and can assist you in overcoming common obstacles to qualification. Furthermore, Mortgage Brokers have access to Canada's top lenders, including major banks, mortgage firms, trust companies, and private lenders, allowing them to identify the best rates for you. They can also help you understand the total cost of borrowing, potentially saving you thousands of dollars over the loan's lifespan.

Mortgage brokers have the advantage of accessing a diverse range of lenders, including traditional banks and private lenders, which allows them to offer a wider variety of mortgage products and solutions. They have expertise in effectively placing products and negotiating rates, resulting in better deals for their clients. Additionally, brokers have established strong relationships with top lenders in Canada, enabling them to secure the best rates and terms by utilizing tools that identify cost-saving opportunities. Overall, brokers have a competitive edge in obtaining advantageous mortgage options for their customers.

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