Top Four Things To Look For When Hiring A Mortgage Broker

Top Four Things To Look For When Hiring A Mortgage Broker

Author: Canadian Tailored Mortgage Solutions | | Categories: Mortgage Agent , Mortgage Broker , Mortgage Services

Top Four Things To Look For When Hiring A Mortgage Broker.webp

When shopping for a house, the first thing you need to do is figure out if you are going to hire a mortgage broker. A mortgage broker acts as a bridge between borrowers and lenders. They save you time and money by doing all the legwork to scope out the best financing options for you. However, finding the right mortgage broker can be as hard as finding the right mortgage product. Fortunately, once you find the right broker, the latter then becomes very easy. To help you find the right person for the job, here’s a list of the top four things to look for in a mortgage broker. 

1. Knowledge 
Mortgage brokers are trained professionals licensed to represent and provide you with the best advice for your mortgage needs. This includes advice for funding your mortgage financing as well as real estate market trends. As someone who might not know exactly what you are looking for, an experienced and knowledgeable broker will be able to help you better define your goals while keeping your best interests in mind. 

2. Honest
Hiring a mortgage broker means that they represent your needs and interest. They work for you, are available on your terms and will connect with you when you’re available. Their primary goal is to always find the solution that is best for you so your mortgage can be tailored to your needs. The mortgage industry is competitive and so a good broker will go above and beyond to provide the best possible customer experience and will work tirelessly to make sure you get the product you need. 

3. Access to multiple lenders
Mortgage brokers are sometimes offered rate promotions that the banks don’t advertise or offer to the public. You will have access to the interest rates the banks don’t always tell you about. With their access to multiple lenders, a good mortgage broker will shop the market for the best product that suits your needs and will save you time.

4. Pricing 
At Canadian Tailored Mortgage Solutions, our services are offered at no cost to you* (*OAC - On Approved Credit ). Once the file is reviewed we will advise you if there is a fee or if the services are free. 

If you’re looking for a mortgage broker in Pickering, Ontario, reach out to Canadian Tailored Mortgage Solutions. Our vision is to help clients get the best possible financial help they need for present and future mortgage plans. Our mortgage agents are well versed in the mortgage industry with an accumulated thirty years of experience in dealing with mortgages. We continue to set new standards with our honesty, reliability and forward-thinking. 

We offer services such as mortgage pre-approval, home equity loans, mortgage renewal, debt consolidation mortgage, first-time home buyer mortgage, private mortgage, reverse mortgage, investment property mortgage, second mortgage, construction mortgage, commercial mortgage, and renovation loans. We serve clients across Pickering, Oshawa, Bowmanville, Mississauga, Brampton, Markham, Stouffville, Oakville, Barrie, Durham Region, GTA, Ontario, and the surrounding areas.

To learn more about the services we offer, please click here. To get in touch with us, please click here.