15 Mar

15 Reasons why you should use a Mortgage Agent:


Posted by: Rita Roy

1. 85% of all people in the USA use a mortgage broker and we are catching up quickly here in Canada.
2. I shop the best rates and products from 90 different Banks, Credit Unions and Trust Companies including: Toronto Dominion, Scotia, Bank of Montreal, Merix, MCAP and most of the Canadian Credit Unions(Caisse Pop), etc.
3. My services are free as the bank pays me a finder’s fee.
4. Isn’t it time the Banks compete for your mortgage business? You wouldn’t get just one opinion from one doctor if your physical condition were in question…why get just one opinion when your financial condition is going through the most significant transaction of its life?
5. Your bank very rarely gives you the best rates and products. Since Dominion Lending Mortgages Lending Centre sends lenders millions of dollars of new business each month, they always offer us the deepest discounts which I pass that on to you – whether you are purchasing, refinancing or renewing.
6. Our application process is simple and quick. I should have some feedback later that day or the next!
7. I’m available on your terms!
8. I take one credit bureau only and forward it to all the lenders! Many people inadvertently disqualify themselves from getting the best rate when they are shopping for a mortgage. When multiple banks pull a credit bureau, your Beacon score drops every time, sometimes eliminating the chance for the best mortgage or a mortgage at all!
9. There’s a mortgage product available for almost everyone now. When a person’s situation isn’t ideal, there’s usually a story about why; maybe they changed jobs, maybe they went through a divorce or another lifealtering event and their credit was affected. It is my job to tell your story to the lender that will qualify you.
10. I appreciate your business. I sincerely appreciate your business and want to do a good job for you because I want all your family and friends business in the future! (Has any bank employee ever told you that?)
11. I am a certified Expert. Most bank employees are not certified and only know about their own bank’s products and do not know and cannot advise you to go to another lender where you can get qualified.
12. I work for you, not the banks. I don’t get paid unless I fund your mortgage with a lender that is giving you the product you need and I have no interest in getting the lender more interest on your mortgage, as the higher the interest, the lower the amount I can qualify you for; clearly I work in your best interests, not the lender’s. 1
13. Rate Protection. If the rates drop before you close you automatically get the lower rate and if rates go up you have the lower rate locked in.
14. Commitment Letter Every-time. I provide a commitment letter every time so you can relax and be confident your mortgage financing is in place!
15. A mortgage broker is no longer the “lender of last resort”! Actually we are becoming the first choice of the educated borrower.
For more information on how you can get the best mortgage for your specific needs, call or email: #613-443-5716  rroy@dominionlending.ca Your Dominion Lending Centres Mortgage ExpertSee More