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What is a Mortgage Broker?
 

What Can a Mortgage Broker Do for You?

Just as an Insurance broker finds you the best deal on insurance, a mortgage broker finds you the best deal on a mortgage. Rather than working for one financial institution, we are independent and deal with several different financial institutions. This allows us to offer you more choices and more competitive rates. It also means that our advice is impartial and unbiased on whatever is in your best interest. Your bank can only offer you the products they have decided to carry , which may not always fit your situation.

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A Mortgage Broker Can:

  • Get you a better rate and terms.
  • Study the mortgage rate markets daily.
  • Have direct access to many different lenders not available to you unless you use a broker.
  • Offer you highly competitive rates that are among the best in the market.

You may not enjoy negotiating with financial institutions, that’s our specialty. We'll make sure you get the most attractive rate and terms currently available.

We can shop dozens of lenders in the time it takes you to book an appointment at your bank.

No waiting for days to get an appointment or answers. Your time is worth money so don’t waste it trying to figure this all out yourself.

That’s why more and more Canadians are relying on mortgage brokers. We know the quality of products offered by the various lenders and can quickly short list the ones that best match your needs. You’ll end up with the best features and rate, all in one stop. Advice that’s based solely on your mortgage needs, financial goals and always in your best interest is what we will offer. We don’t work for any of the lenders, so we won’t try to lead you in any particular direction. After making sure we understand your needs, we’ll present you with some options and together we can decide which mortgage is best for you and your financial future. No pressure. No Hassles. No alterior motives. Not only do we understand everything there is to know about mortgages, as that is our business,  we can explain it in plain English.

At Mortgage Alliance Maximum Results Financial Services Inc. we are 100% dedicated to financing your home. We know all GDS, PIT, ARM, VIRM, LTV, ETO, prepayment privileges etc. and can explain everything you really need to know in easy to understand terms.

Our expert, unbiased, fast service is FREE! Even though we work for you (not the financial institution), we get paid by the financial institution (not you, unless previously discussed in extreme circumstances.) Their “finder’s fees” reimburse us for bringing them creditworthy customers like you. Since these fees are similar offered by  most lenders, there’s no incentive for us to favour one lender over another. Once you and our agent agree on the final choice, we’ll place your mortgage with your lender of choice. Only after all the details are taken care of and your mortgage is complete do we receive our “ finder’s fee” from the lender. This provides strong motivation for us to keep your deal moving forward to a successful completion! Even though we can usually promise a discounted rate, we only deal with first quality, brand name lenders. Most of the lenders we deal with are the same reputable, established Canadian financial institutions you are used to. To that list, we also add some innovative broker-only lenders who offer even more attractive rates and features. But rest assured, all the peace-of-mind features you require-like CMHC and Genworth insurance- are fully available from us.

We are committed to the highest ethical standards and doing everything we can to ensure your financial future is 100% secure. All mortgage agents, in order to trade in mortgages , have to complete a course and then be licensed through the Financial Services Commission of Ontario. Every year , in order to keep our Accredited Mortgage Professional status, we have to complete 12 hours of continuing education. We are well versed in dealing with credit issues as well and if we can’t approve a client right away we will counsel them as to what they need to do to correct their credit and be able to realize their dream of home ownership. We don’t just say no and send them on their way. Let us help you find the best deal on your mortgage.

As your mortgage broker, it's our job to listen to your needs and dreams.

We’ll find a mortgage that helps you achieve everything you want, simply and affordably. All types of loans can be placed by mortgage brokers, provided they are backed mortgage collateral. All sizes of loans, from small loans backed by a residential property to commercial properties in the millions of dollars, are readily available. Mortgage- backed loans in the millions are not uncommon with private pension funds and private lenders. The lenders who work with mortgage brokers include traditional sources, such as chartered banks, credit unions, trust companies, as well as corporate and private pension funds. In addition to these institutions, brokers often develop professional relationships with private sources of funds. These lenders can provide many various mortgage products not available at conventional sources.

Apply online now OR Call our office today at 519-624-9222.Why Use Mortgage Brokers? More mortgage lenders are competing for your business. New features and options are being introduced every day. Knowing what’s right for you – and how much to pay- is becoming increasingly complicated. Maybe that’s why more than one in five Canadian mortgages are now handled by mortgage brokers. Consumers like you are discovering they just don’t have the time to shop from one lender to the next, trying to figure out which deal is best.

As your mortgage broker, we invite you to read through this article and learn more about the concept of letting an independent, unbiased professional help you find the lowest suitable rate for your mortgage. Then, give us a call at 519-624-9222, and we’ll answer any questions you may have about our no-fee service. We will do a simple hassle-free analysis of your financial situation to determine what type of mortgage can best be achieve your goals. Sometimes it is not all about rate!!!

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