For most Canadians, the purchase of a home is the biggest expense and investment they will ever make. When looking for a home in Waterdown, most home buyers will likely turn to their bank for a mortgage, and neglect to shop around for the best mortgage rate and terms. Doing so can possibly cost home buyers thousands of dollars over the course of their amortization period by not locking in at the best rate possible. This is why you need the services of an independent mortgage broker to help you find the best Waterdown mortgage for you.
Why Use a Mortgage Broker?
There are many reasons to have an independent mortgage broker working for you. First of all, mortgage brokers are independent agents, and do not work for the banks or lenders. They work for you, and as such, they will provide you with unbiased opinions and services to ensure that the mortgage package you get is the best for your situation.
Professional mortgage brokers have access to many lending products with many different lenders all across Canada. For this reason, they have access to many exclusive interest rates and terms for a Waterdown mortgage. They have the ability to negotiate on your behalf, and get you the lowest rate possible, saving you thousands of dollars on your mortgage.
Instead of doing all the shopping yourself, a mortgage broker will shop around for a mortgage you. This will save you time and energy, and give you peace of mind knowing that a knowledgeable representative is working on your behalf to get you the best mortgage package possible.
Mortgage brokers will sit down will you at your leisure, and gather all the necessary information about your finances so that they can go out and approach those lenders that will cater to your unique situation. They will walk you through the lending process, and make sure you get the mortgage that will help you make payments you are comfortable with every month.
Whether you are a first time home buyer, have poor credit, need to renew your mortgage, or are looking to refinance your existing home, mortgage brokers can help. Get in touch with a professional mortgage agent today, like Lee Anne Taylor, who specializes in mortgages in the Burlington, Oakville, Waterdown, Milton and Halton area. You’ll be glad you did.