Recently I was ranked as the #1 Mortgage Broker in downtown Toronto and am incredibly humbled by the support and trust that people like you have put into me when arranging the financing for your property – whether it’s a purchase, refinance, HELOC, or debt consolidation. And that got me thinking, what are some of the benefits of using a mortgage agent or mortgage broker? So I’ve decided to compile a list of the top 5 reasons to use a mortgage broker (in no particular order). Keep in mind these pros are basically the tip of the iceberg and you might have your own reasons but here goes…
#1 We Get You the Best Rates
I work with over 50 banks, credit unions and lending institutions. That sort of scope helps to stack the odds in your favour when we get the banks competing for your business.
#2 Availablity
Unlike most banks as mortgage professionals our schedules are flexible which allows us to work around your schedule. Ever hear of your mortgage specialist at the branch picking up the phone or answering an email on the weekend? This can make all the difference when you’re placing an offer on a property and need an answer ASAP.
#3 We’re Licensed
Did you know that most mortgage specialists at your local bank are not professionally licensed? As accredited mortgage professionals we undergo provincially regulated examinations and are licensed by FSCO (Financial Services Commissioner of Ontario)
#4 Our Love Don’t Cost a Thing (and neither do our services)
The majority of clients benefit by having us in their corner when it comes time to arranging the best mortgage but unlike a real estate agent we aren’t paid by our clients.
#5 We Work for You, Not the Banks
Have you ever sat across the desk from a mortgage officer at the bank hoping that you don’t say the wrong thing and get the hammer thrown down on a decline? Think of us as your personal corner man (or woman) when you enter the ring for the main event. We got your back and will make sure you are properly positioned when we present your best foot forward for an approval. We take a common sense approach to lending.