10 Reasons to Use a Mortgage Professional

If you’re in the process of shopping around for a new home and mortgage, here are ten reasons why you should always consider using a mortgage professional to help get you the best possible rates available and guide you in finding that perfect home.  

1) Personalized Advice on Your Financial Options

A mortgage professional is there to get to know you and the situation of your finances. Your time is spent tailoring your needs and figuring out what your homeownership goals are, along with what options are available and best suited for you.

2) Saves You Time

Mortgage brokers work with a long list of trusted lenders. So rather than waste your time with a multitude of potential lenders, a narrowed down list can be provided for you so that your time can be better utilize on finding your perfect home.

3) Negotiates on Your Behalf

You can rely on their expertise and knowledge when negotiating mortgages on your behalf. So no need to feel uncomfortable or out of place – they will help ensure that you get the best rates possible.

4) Better Choice and Better Rates

With access to major lenders, networks and resources, it means you can have more options for competitive rates.

5) Ensure You’re Getting the Best

With someone working on your behalf, you have can feel confident that you’re getting the best terms along with your rates. A mortgage professional is like your very own personal detective who ensures every detail will benefit you.

6) Access to Deals and Add-ons

Certain incentives sometimes offered by institutions that get your business can be either beneficial or downright worthless. A qualified professional can steer you towards the better deal.

7) Keeps You on Track and on Time

If you’ve got a time frame in mind for a done deal, this is one of the best ways to get things done properly and as rapidly as possible.

8) Expert Advice

They are an expert, so they can advise you in times of confusion and explain anything you may not understand.

9) No Additional Cost

There is no charge to you from a mortgage broker on a typical residential mortgage transaction. Mortgage Brokers are generally paid a commission or finders fee from the lending institution for placing qualified borrowers with them. These fees are quite standard and industry wide keeping the focus on providing the client satisfaction a priority.

10) Ongoing Support and Consultation

Once everything is signed and sealed, the service doesn’t stop there. Whenever you need support, or advice, your mortgage advisor is always there to help.