Why you should use a Mortgage Broker
Finding a home can be stressful but finding the right mortgage does not have to be. Hiring a mortgage professional is first and foremost FREE. A lot of people still believe that there is some sort of fee to access their skills and resources but that’s not true. Mortgage Broker’s don’t charge a fee, they’re only paid by the lenders for brokering the deal.
What does that mean for you? Well, that means that you get access to multiple lenders without having to do all the research. That’s right, we are a one-stop-shop. One hit on your credit, one point of contact, and only one pre-approval application to fill out.
Navigating different mortgage products can feel daunting or seem tricky. Depending on what phase of life you are in, you may need a different type of mortgage. First homes, vacation homes, home-owner lines of credit – these are all products that serve different purposes and mortgage experts know how to best advice you on which one will best suit your needs and help you accomplish your financial goals.
Mortgage brokers are really advisors. Their services extend beyond assisting you with a home loan. They are trained to help guide and advise you on how to save and plan for purchasing a home. Maybe you are thinking of buying a home within the near future but aren’t really sure of how to go about it. Or what type of down payment you will need, or what house you can actually afford. Mortgage brokers can help create customized financial plans to ensure that you are comfortably working towards your home ownership plans and you are informed about what options are available to you.