Many potential homeowners who are considering how to finance their dream home think of going to a bank or other type of traditional lender themselves. However, there is another option: they can hire a mortgage broker to handle the research, do comparison shopping for them, and find the best mortgage rates. These professionals have access to products, rates, and other information from a number of different lenders, which means they may be able to help borrowers find better options. If you are looking for an expert mortgage broker in Burlington or Oakville to help you find the best mortgage rates, we encourage you to consider the team at Harrison White HW Advantage in Oakville today! Read on for more information about the advantages you will get when you work with a professional brokerage like us.
Our Professional Brokerage Represents YOU!
One of the top reasons to use a mortgage broker is that they are financial experts that work on your behalf and not on behalf of a particular bank. A loan officer at a big bank works for just the one bank. And they get paid by the bank, either through commissions or salary, or a combination of both. This means they will only recommend their own financial products to you, whether they suit your needs or not, just so they can sell something. Or, because they get a salary, they may not be looking out for your best interest. Instead of being limited to one set of financial products from one lending institution, a mortgage broker at Harrison White HW Advantage in Oakville works with hundreds of different lenders to make sure you get the best-priced, best-structured mortgage product possible.
We can save you time
What else does a mortgage broker in Oakville do for you? A mortgage broker will help you save time and do all the legwork when it comes to paperwork and negotiating with a lender. On top of that, they can help you get preapproved for a mortgage. And, going forward, they can be your personal contact for everything related to your financing.
We can help you find the best mortgage lenders
Mortgages are complicated; as a result, there is no one-size-fits-all approach. Everybody’s needs are different, and there is more to consider when getting a mortgage than just the interest rate. Do you want a variable or fixed mortgage? What is the amortization period and payment schedule? Because mortgage brokers are independent , they are not limited to the products they can offer you. As your broker, they will find the best lender and mortgage product specifically designed for your needs, whether it comes from a Chartered Bank, Trust, Insurance Company, or private lender.
Our brokers will provide expert advice
Harrison White HW Advantage agents are licensed professionals. Each of our independent agents have taken courses, passed exams, and undergone extensive training. Not all brokerages are created equal; don’t be afraid to ask your agent about his or her qualifications and years of experience. At Harrison White Mortgage Broker in Oakville, our brokers can fill you in about new mortgage laws, and administer a mortgage stress test to make sure you can still afford your mortgage rates. Also, if you are self employed, our brokers can help you find the best self employed mortgage rates!
For more information about the advantages of working with Harrison White HW Advantage in Oakville a professional brokerage, please feel free to continue browsing through our website. We can be reached at 1-905-540-6961