Mortgage Centre Advantages
Why should you work with a mortgage centre instead of a bank for your next mortgage? Savings, service, convenience, support – take your pick. Working with a mortgage agent means you are working with someone with your best interests at heart. They don’t work directly for a bank or lender – they work directly for you, and you pay nothing.
A mortgage agent gets you the best rate they can find – anywhere. They save you the shopping around. A mortgage agent is an expert in mortgages and can give you the information and support you need throughout the process, and all at your convenience. A mortgage agent will communicate with you through phone, email and will even visit your home.
Steve Clark is an experienced Northwood Mortgage Ltd agent.
Click here to see how he can help you with your mortgage.
Why Should You Use Mortgage Centre Instead of a Bank?
Advantages of using a Mortgage Centre
Mortgage Brokerages are Held Accountable for their Conduct in Business
Mortgage Centre, Mortgage Superstore, Mortgage Monster, Mortgage Intelligence, Mortgage Sense.
This is a confusing array of names and implications but they are all exactly the same thing, they are mortgage brokers. Provincially licensed, and provide mortgage financing and services to clients.
Our governing body, FSCO, (Financial Services Commission of Ontario), has very strict rules about exactly what a brokerage may do, and exactly how it must conduct its business. Compliance is mandatory to maintain a brokerage licence.
Before you work with anyone in the mortgage business, make sure you see a valid licence number on all ads, documentation and correspondence. If in doubt, visit the FSCO website, www.fsco.gov.on.ca
Get a Northwood Mortgages ltd. Agent working for you today
Contact me right now
705-990-0388
info@georgianmortgages.com
You Have a Choice
The main advantage of obtaining mortgage financing through a mortgage centre or broker, is one of choice.
A bank mortgage officer can only offer mortgage products that the bank has told him to offer.
The bank has a very large portfolio of clients, has many revenue streams and makes millions of dollars in profits. So a few hundred thousand plus or minus is no big deal. If you take your business elsewhere they will more than make up for it from clients who are naive enough to accept their first offer and who don’t shop for the best rates and terms.
A mortgage agent builds his business based on
honesty, integrity and trust,
relying on customer satisfaction and referrals. You know the independent mortgage agent is going to go the extra mile for you.
His Living Depends on Your Business.
We are very up front about how we are compensated and there is full disclosure along the way so you know it is your best interest that we are focused on.
Dealing with a mortgage agent or broker in your area is important because they are well connected within your community.
Not only are they specialists in their field, but mortgage agents meet and know many people in related businesses such as local real estate agents, home inspectors and lawyers who can provide additional necessary services.
You Matter
A local agent, invested in the community, will be there for you over the long term to answer your questions. They are familiar with you, your family, goals and financial situation.
You are not a number in a huge list at a bank head office somewhere, but a person, neighbour and friend.
With the backing and support of a large mortgage broker such as Northwood Mortgage Ltd. you get the very best from the very best. Northwood Mortgage Ltd. originates over $500 million in mortgage funding annually and has preferred status with the top lenders in Canada.
Dealing with an agent who has the backing of a large established mortgage broker means that you get the very same mortgage and options available to everyone.
It just makes sense to deal with the source from the start to know you are getting the best deal possible, doesn’t it?
