Looking for a new house for you and your family? Instead of managing the entire process yourself, save yourself time and trouble by hiring a mortgage broker. Outlined below are some of the advantages you stand to gain by engaging with a mortgage agent or broker:

Less effort

We're not saying you won't have to work hard to make a good mortgage decision. However, you can save yourself most of the leg work. Not to mention all the negotiating and paperwork is handled by the broker.

A mortgage broker has better access

Any broker you hire is most likely better connected than you are. They know all the right people to talk to

A mortgage broker has the better industry knowledge

Established brokers have a good grasp of all the ins and outs of the market. These agents are in an excellent position to proactively engage the necessary resources

A mortgage broker has the more technical knowledge

Obtaining a mortgage can involve a comprehensive range of fees and charges, especially when working with a new lender. A broker usually builds a rapport with popular lenders and, therefore, might get a lender to waive some of these charges.

A mortgage broker can source mortgages from multiple vendors

It is in a mortgage broker's best interest to maintain contact with various lenders. In doing so, a mortgage broker ensures finding a good fit for the client's needs.

A mortgage broker protects your interests at all times

A mortgage broker can also help you steer clear of lenders that hide insidious details in the fine print designed to trap you.

No service fee

A broker's services are free (for you). Should a mortgage broker manage to "broker" a deal on your behalf, the lender pays any applicable fees to the broker.

However, that said, there is no harm in doing a little research yourself. When choosing a mortgage broker, make sure to look for reliability and consistency. Ask friends and family who have had good experiences. You can either opt for whoever helped them or use the information to select a mortgage broker that suits you.



Contact me to find out more about how we can help you.

Rodney Schunker | Mortgage Broker (Lic. M12000165)

Cell: 416-697-6423 | Toll Free: 1-855-697-6423

Fax: 1-855-787-7723 | Web: www.kingdommortgages.ca

Mail: 10 George St North, Suite 202, Brampton L6X 1R2

Email: schunkerr@gmail.com

Rock Capital Investments Inc. Brokerage #10556. Each office is independently owned and operated. Proud member of Mortgage Centre Canada.