05
JUN
2018

THE BANK OR THE BROKER?

Have you ever wondered what the difference is between using a Mortgage Broker/Lender vs a Bank?  There are quite a few key differences.  For example, the broker works for you, the bank doesn’t. The right mortgage is a critical factor determining long-term savings. The value of a professional mortgage broker comes from having someone who objectively works for you and is not limited to mortgage product offerings from one source; like a bank.  Advice on choosing the right mortgage option considers interest rate, payment privileges, payment penalties, long term savings and much more.

TAKE A LOOK AT SOME OF THE KEY DIFFERENCES BETWEEN MY SERVICES AND A BANK’S SERVICE     

Broker Service 

Bank Service 

Product Choice & Access 

 

  • Access to over 50 lenders (including banks) 
  • Rate promotions 
  • Private funds available if needed
  • Flexible options to apply via internet phone or in person 
  • Limited access to the bank’s line of mortgage products 
Ongoing service 
  • Keep in touch through mortgage years for annual reviews, refinancing, renovation financing or debt consolidation  

 

  • Get annual statement in the mail and notice for your mortgage 

 

Rates 

 

  • Can guarantee an interest rate for 90-120 days 
  • Offer the best rate in the market 

 

  • Offer the rate for that specific bank  
  • Will not be able to offer you a better deal from another institution’s products 

 

Independence and objectivity 
  • WORKS FOR YOU (the client) 
  • Saves you time and money 
  • WORKS FOR THE BANK 

 

 

Cost  
  • No Cost*

*I am paid by the financial institution that funds your mortgage

 

• No Cost* 

*on qualified applications. 

 

 You never have to worry about a better mortgage on the market – you will have it.

I am both an Accredited Mortgage Professional and Certified Financial Planner with in depth knowledge of mortgages, financial planning, and banking acquired from many years of hands on experience in these fields. I am deeply committed to the well-being of my clients and have the skill set and passion necessary to help my clients achieve outstanding results. Call me today 905-634-6111 x113

 

 

 

 

 

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