Home Loans

WHY YOU SHOULD USE A MORTGAGE BROKER

A MORTGAGE BROKER WILL SAVE YOU LEGWORK​

Mortgage brokers have connections with a wide variety of lenders, many of whom you may not even know about. A broker also has experience with many lenders and can guide you towards lending products with terms more aligned with your situation and away from those with onerous payment terms which would negatively affect you.

That said, it is often beneficial to connect with more than one mortgage broker to ensure you shop as much of the lending market as possible in order to ensure the best mortgage for you.

A MORTGAGE BROKER WILL HAVE BETTER ACCESS AND CAN SAVE YOU TIME AND FEES

Some lenders work exclusively with mortgage brokers and rely on them to bring them suitable clients which are qualified based on the individual lender's specific criteria. As such, you are not able to call some lenders directly to get a mortgage.

Brokers are often able to get special rates from lenders due to the volume of business generated which are often lower than you can get on your own.

GETTING THE BEST MORTGAGE FOR YOU IS KEY TO HOME OWNERSHIP SUCCESS

FINDING THE BEST MORTGAGE RATES

Mortgage rates can be seen online, however many lenders do not advertise their best rates.
Mortgage brokers know the best rates offered by lenders and often have access to products regular home buyers do not have when going directly to lenders.
Ensuring you get the best rate possible can save you thousands of dollars in interest.

MORTGAGE PRE-PAYMENT TERMS

Consider how long you intend to live at the home, and also how long you intend to have a mortgage, and compare that to mortgage pre-payment terms and fees.