October 30th, 2012 @ // No Comments

Whether you are a first time home-buyer or need to refinance your mortgage, your first step is to find a knowledgeable and trustworthy mortgage associate in Calgary. Why? Because a mortgage broker / associate is a qualified, trained and licensed professional who can:

  • Find you the best, often lowest mortgage rates
  • Help you lock in mortgage rates
  • Do the research for you, saving you time, money and stress
  • Introduce you to a wide range of competitive mortgage products
  • Help you choose the best mortgage financing plan for your needs
  • Take care of all the documentation meticulously
  • Negotiate on your behalf and do the legwork involved
  • Protect you from unscrupulous lenders
  • Advice you about the pros and cons of various options
  • Get your mortgage approved

And much more, at no cost to you. With their access to a large network of lenders, mortgage broker / associates can simplify the complex process of obtaining a mortgage and provide you with a variety of options.

Now, how do you find an experienced mortgage broker/associate in Calgary to make your dream home a reality? Here are some quick tips:

  • Ask family and friends who have recently taken out a mortgage or refinanced using a mortgage broker / associate. They are your best bet.
  • Contact Real Estate agents in your area for referrals.
  • Google “mortgage broker in Calgary” and from the listings in the results, look for online reviews for an idea of their services
  • Shortlist a few mortgage brokers / associates names and quiz them with a few questions to establish how communicative and responsive they are, besides asking them for their accreditations and experience. For example, if the mortgage broker/ associate offers advise without first assessing your situation, obviously they are not for you.
  • Watch out for mortgage brokers / associates who ask for upfront fees.
  • Be alert to far-fetched claims such as “no closing costs”
  • Some mortgage brokers / associates tend to be too pushy. Use caution with associates who try to convince you about a mortgage plan without helping you to understand it.
  • Your mortgage broker / associate must be ethical and professional, answering your questions in a satisfactory manner.
  • Make sure you know how they are compensated. This should ideally be by the lender.

While finding a mortgage broker / associate is not difficult, finding the best one takes a little effort and research. Once you find the one who is ideal for your needs, the path to your dream home is a lot easier than it would otherwise be.

Why not get in touch with us today to discuss your requirements?

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