You’ve decided that you are ready to buy your first home, second home, or even refinance your current mortgage. Should you walk into your local bank branch and speak with a loan officer about getting a mortgage for your next major purchase? As stats would show, more and more Canadians are using the services of an independent mortgage broker to arrange the mortgage for a new home. Considering the fact that a home is probably the most expensive investment you will ever make in your life, you should consider using the best mortgage broker in Alberta or in your province.
Why Should You Use an Independent Mortgage Broker Instead of Going to Your Bank?
Mortgage broker professionals work for you, not the bank, and have access to a variety of lenders that specialize in mortgage products. Lenders may be big banks, or trust companies, credit unions, finance companies or even private lenders. Certified Mortgage Professionals are highly trained and specialized in the field of mortgages, and can shop your mortgage across lenders throughout Canada to find different types of people the mortgages they need to close a deal on a home. Mortgage brokers are often able to come back to a client with the best mortgage rate and terms available, even for hard to place mortgages.
In the last 20 years or so, Canadians have been showing a growing interest in working with mortgage brokers as opposed to banks and other traditional lenders. Perhaps Canadians are becoming more savvy in the borrowing process, and are becoming more aware of their options are far as obtaining the lowest interest rate on their mortgage is concerned.
Considering the fact that independent mortgage brokers have an ongoing relationship with a variety of lenders, it is no wonder that mortgage agents are able to secure the lowest rate possible with specific lenders. Mortgage brokers are able to get in touch with all the pertinent lenders out there and match the best rates, terms and conditions for their clients’ needs.
Get in touch with the best mortgage broker Alberta, Jim Black, AMP. He has won a of awards and has a reputation for providing outstanding service for his clients. Call his team number today at (877) 394-9422 and see how they can obtain the perfect mortgage for you.
For the best Ontario mortgage brokers, contact Claire Drage and her team at Mortgage Medics. If you are sick of paying bank rates, the medics can help! Call the team at (289) 837-1518.
Both award winning brokers are top producers for Dominion Lending Centres.