We are often asked why borrowers should work with us versus their bank? For generations our families, parents and grandparents have always planted seeds in our heads that all the money is kept at the bank and to go to our bank if we needed a loan or financing. In today’s age, we have the ability to bring the banks or lenders to you! Lenders profit off mortgage loans and to be competitive, must offer competitive rates and mortgage products.
When a typical borrower is looking to borrow money from their bank, they must make an appointment during work hours as most banks are usually open weekdays from 9am to 5pm and for a couple of hours during a Saturday. For most people who work full-time, a visit to their banker requires taking a day off from work or rushing in during lunch hour. Most banks that offer mortgages, can only offer their mortgage products which means, their best mortgage product might definitely not be the best product for you or the best product available in the mortgage marketplace. Also, when it comes to rates, most banks offer discretionary pricing and depending on your negotiating skills – it might be challenging to get a deal!
As Independent Mortgage Brokers, we work for our clients, not the banks! Here are some reasons why our clients choose us over their bank:
- We offer our BEST Rates up front – you won’t need to bother negotiating
- We make over 30 lenders compete for your mortgage business
- We have 35 & 40 Year amortizations on conventional mortgages
- We offer flexible rental calculations on unauthorized basement suites
- We are available outside of regular business hours
- Access to three mortgage insurers, CMHC, Genworth & Canada Guaranty
- Our service is FREE to the typical borrower, unless its tough to get financing
- We can get a mortgage approval in as little as 4 business hours
- We offer competitive mortgage products, customized for each individual borrower
- We are Licenced Mortgage Brokers
Next time you’re looking to Refinance, Purchase or Switch your mortgage, contact us!
