Harrison White and the HW Advantage Team: The Best Mortgage Broker Burlington/Oakville?
A professional mortgage broker originates, negotiates, and processes residential and commercial mortgage loans on behalf of the client. Below is a guide to some of the services you should be offered and the expectations you should have of a qualified mortgage broker. Harrison White and his professional mortgage team in Burlington, can provide you with expert advice and services, so that you can find the best possible mortgage rates. Finding a mortgage in Burlington has never been easier with Harrison White! Read on for more information about the benefits of working with a professional mortgage broker.
Mortgage brokers can offer hundreds of loan products
A mortgage broker offers a wide range of mortgage loans from a number of different lenders. The greater the broker’s experience and network, the better your opportunity to obtain the loan product and the interest rate that best suits your needs.
Mortgage brokers can provide flexibility and expertise
A mortgage broker navigates the client through any situation, handling the process and smoothing any bumps in the road along the way. For example, if borrowers have credit issues, the broker will know which lenders offer the best products to meet their needs. Borrowers who find they need larger loans than their bank will approve also benefit from a broker’s knowledge and ability to successfully obtain financing.
Mortgage brokers will save you time
With a mortgage broker, you only need one application, rather than completing forms for each individual lender. Your mortgage broker can provide a formal comparison of any loans recommended, guiding you to the information that accurately portrays cost differences, with current rates, points, and closing costs for each loan reflected.
New mortgage rules and mortgage stress test in Burlington
A mortgage stress test is commonly seen when you are applying for a mortgage. New rules aimed at cracking down on the mortgage market will result in 100,000 people failing a stress test of their finances, and about half of them will be blocked from buying a home. The federal government has moved seven times since 2008 to tighten rules surrounding the real estate market, and practically every time, the market has shrugged off tighter rules around areas like maximum debt loads and amortization periods. The experts at Harrison White HW Advantage in Burlington can help you navigate through the new mortgage rules, and walk you through the mortgage stress test to see what your finances look like.
For more information about how to get the best possible mortgage, and about our services with Harrison White and HW Advantage Team in Burlington, please feel free to continue browsing through our website.
Contact Harrison White and the HW Advantage Mortgage team today by filing out the form below or calling 905-541-6961