Should You Hire a Mortgage Broker?

conventional mortgagesIf you’re buying your first home, your second home, or you just want to save on your next mortgage, working with the Canada mortgage broker like us can help you save big. Everybody needs a mortgage to buy real estate (and if you don’t, count yourself lucky!), but most of us just aren’t all that great at negotiating. Either way, you’re going to have to try and figure out whether you should apply to bank for a loan or if you should work with us. Here we are going to talk about all the advantages of working with a mortgage broker, what we can do for you, and everything else that you need to know to make a good decision. Let’s get started!

What’s the Difference between a Mortgage Broker and a Bank?

When you work with a bank you’re working with a loan officer, an employee of the bank, someone that’s sole job in life is to extract the maximum amount of money out of you for the longest possible amount of time. Sounds fun, doesn’t it?

But we’re different. We’re not employees of a bank and we work for you, not for them. We’re here to make sure that you’re getting the best rate for your mortgage – after all, why should you have to pay more? Even if you’re looking to get a private mortgage, you need to know that you’re getting impartial advice!

So Mortgage Broker Isn’t a Loan Officer? 

Nope! They, and we, work for you! You won’t have to worry about us just showing you the offers that benefit us – because after all we’ll offer you a variety of choices to choose from. Low interest loans, great terms, private mortgage, conventional mortgages, whatever you’re looking for we’ll help you figure it out. Don’t end up with a bad mortgage just because you don’t know where to find a better one – that’s what we’re here for.

Connections Make the Difference

When it comes to getting you the best mortgage rates, connections really do make the difference! Why should you get stuck with a bad mortgage when you have a lot of options? Interest rates right now are at all-time lows, and you’ll be able to get a great rate and a great private mortgage if you know where to look.

We have extensive connections throughout Toronto and Canada to help you get the mortgage that’s right for you. We’ll take your offer around to many different lenders and help you understand if this is really the right thing for you. Bad credit, low interest, easy early repayment terms, we’ll help you find the right one.

Work with Us Today and Save!

Call us today and see how you can save! Remember, we work for you, not the banks. We’ll help you understand all of your options. Don’t just take your lender’s word for it, explore your options and find the best deal.

Save More on Canadian Mortgages

The Canada mortgage is a fickle beast – there are some protections in place to keep you from losing your home but in the end it’s up to you to make sure that you’re getting the best deal. Keeping your interest low, avoiding excess penalties, and all the dirty tricks that a lender can throw at you are all part of the process. Working with us as your Toronto mortgage broker can help you navigate these tricky waters, save money, and find the right mortgage for you. Whether it’s a Canada conventional mortgage, private mortgage, or something in between we’ll be able to help you find the one that’s right.

How Much Can You Afford?

Your first stop on the Canada mortgage crazy train is figuring out just how much you can afford. Be honest with yourself, it’s okay not to be able to afford your dream house just yet. You’re going to need to take a realistic look at your finances and ask yourself this question: “Am I dreaming?” Just because you get approved for a high mortgage amount doesn’t mean you should actually buy a house for that much money. You’re going to need to know that you’re really getting the deal that fits your finances, not your dreams.

Always Get Pre-Approved

You’ll need to always get preapproved before you start looking at houses. This way you’ll know how much of a budget you have to play with. You’ll be able to avoid heartbreak of trying to buy a house that you can’t afford just yet, and you’ll be able to make sure you don’t lowball it so far that you’re getting a house that’s all wrong for you. Being prepared, understanding your budget and knowing that you have that financing all lined up for you is the best thing you could do. When you work with one of our Toronto mortgage brokers you’ll get all the help you need to make sure you’re getting preapproved and on the road to buying a home.

Explore All of Your Options

Don’t just work with the first mortgage broker you talk to, and don’t just work with the first lender that makes you an offer. Get out there and do research online, explore all of your options and know what kind of a deal you can get. We’ll make sure that you have a variety of lenders to choose from and help you understand the difference between a low interest mortgage and a Combo VRM jumbo loan.

Work With Us

When you work with us you get all the help you need to get the mortgage that’s right for you. Don’t just settle when you can take advantage of lenders FIGHTING to do business with you! Even if you have bad credit, we’ll still be able to help you figure out a deal that works for you. Give us a call today and see what happens when you have someone on your side that knows how to find the best deal.