Why a Broker?

    So why a Broker? Why not just walk into your local bank, sit down and do it yourself ? After all you have been a loyal customer at your banking institution for years. Allow me to put some perspective on this subject.

    As a Mortgage Broker I earn my living by finding superior mortgages for my clients. I receive compensation only if I am able to sucessfully bring a borrower and a lender together. When this happens the LENDER will compensate me for finding them a new client and sucessfully completing the mortgage transaction. The lender is pleased because they recieve a new client. My clients are happy because I present them with a superior mortgage, at no extra cost. I keep the process as simple and efficient as possible and save my clients the frustration and hassles involved with trying to shop the mortgage market and negotiate rates on their own.

    Having access to countless lenders all across Canada and doing a high volume of mortgage business has some real advantages for my clients. Whether your focus is getting the lowest rate possible or some other mortgage feature I have access to everything and anything available in Canada. Most people dont even know half of whats available because their bank only wants them to know what they have.

    Ultimately the interest rate you will get will be a reflection of how much risk you represent to a lender. The lower the risk you represent the lower the interest rate you get. My challenge is to present my clients in a manner that will allow them to get the lowest possible interest rate for their circumstances. This sounds simple but there are some definite advantages in knowing how to present a client to a lender. This is one of my specialties.

    Ask yourself this. Will your local bank tell you what the lowest possible interest rate is or will they try to earn additional profit by playing hide-and-seek with your interest rate ? Will your bank tell you about a special promotion on rates or a rebate on fees being offered by another institution ? Will your bank tell you that there is a mortgage that better suits your circumstances at a competitors institution. The answer to all of the above questions is most likely...NO !

    By allowing a Mortgage Broker to represent your mortgage needs you will have access to the lowest rates, the best promotions and the mortgage that truely is best suited for your needs.