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11 Aug

3 Ways Mortgage Broker Can Help


Posted by: John Beard

If you’re at a point in your life where it is time to obtain a mortgage, you likely have some questions about the process.

As someone who continuously strives to be the best mortgage broker in Edmonton, I help people daily with their choice of how to get a mortgage. One of the most popular and effective ways to secure a mortgage is by going through a certified mortgage broker, like myself.

There are many benefits to working with a broker and I have outlined 3 Ways a Mortgage Broker Can Help You:

1. Expert Knowledge in Mortgages

The knowledge that a broker can pass along to you is something that sets apart brokers from banks. A broker focuses solely on mortgages and the different types of mortgages lenders have available whereas a bank can only provide information relating to that specific bank’s mortgage products.

A broker is able to offer you information and details on a wide variety of mortgage products that he/she thinks would be a great fit for you depending on your situation. A broker like myself will also explain everything in great detail so you know exactly what you are getting and what to expect before committing to anything.

2. The Focus is on You

It’s no secret that as mortgage brokers we rely on your referrals. Without good words and positive reviews from you we likely wouldn’t be very successful. That being said, we also care about you like no other. I understand that your time and money are two very valuable things, meaning I do my absolute best to schedule meetings and calls for times that work best for you while securing the lowest rates.

I have relationships with many mortgage lenders who are able to offer me discounted rates, allowing me to provide you with the most competitive numbers on the market. You can also expect a prompt response to any email, phone call or text message with an answer to your question(s). The personal relationship built between a broker and client is something that people tend to struggle to create with a typical bank employee.

3. Less Work For You

As a broker I always handle all of the necessary paperwork and negotiations that are often needed when someone is in the process of getting a mortgage. You be confident in knowing that all of your documents will be totally accurate and organized when working with me.

As I mentioned in a previous point, I have an established relationship with a variety of lenders. Not only does this instantly position a broker like me to have a better chance at getting the lowest rates, but it also increases the odds that negotiation tactics will work in talks compared to if you approached a lender on your own. Less work is involved for you when dealing with a broker!

By reviewing these three points when it’s time to obtain a mortgage you will have a better understanding of what a broker is and how they can help you.

If you’re looking for the most competitive mortgage broker rates in Edmonton, you have found the right person! Contact me today for more details and to start the journey!