Why Use A Mortgage Broker?
I often get asked what the difference is between using a mortgage agent or broker and going through a bank. We are both offering mortgage products right? While that statement is correct, to some degree, there are many benefits to using a mortgage agent or broker that far outweigh those of the bank.
The first, and most notable benefit is the range of products offered through a mortgage brokerage. When working with a bank, you’re being offered their product, and their product only. While there may be a small variety to what the banks offer, it is nowhere near the range of offerings that are available through a mortgage brokerage. Through TMG The Mortgage Group, I am afforded access to dozens of lenders with a combined hundreds of lending options that essentially suit any type of mortgage financing needed. Is your financial profile not quite checking all of the boxes at the bank when it comes to mortgage approval? No problem here. TMG has access to both A and B lenders as well as private lenders for any type of mortgage financing needs.
With the large number of options available you are assured that I will shop for not only the best rate, but also the financing that provides you with the best financial benefits. While many clients may think that rate is the only deciding factor when it comes to mortgages, I inform them that there is much more to it. Oftentimes, mortgages with lower rates place more restrictions on the mortgage holder, which may end up costing more in the future. As a mortgage broker, it is my job to educate and advise as to what I believe the best solution is for the client, always working in your best interest.
As a Broker, my goal is to educate you, my client, on what mortgage and financing options are available, and recommend financing that best suits your financial goals and situation. My promise is to keep you informed every step of the way, to ensure you are fully invested in one of the largest transactions you may ever make in your lifetime.
If you’re looking for a new mortgage, or are in need of some mortgage advice, give me a call and let’s see how we can improve your financial situation.
