#8 One Credit Inquiry
Rate-shopping on your own can actually be hazardous to your credit. Every time a lender checks your credit, the credit bureaus take notice. Too many inquiries and your credit rating can weaken, possibly affecting the rate and terms of your mortgage. Your broker does one inquiry only, regardless how may lenders you’re looking at.
#9 No Cost To You (O.A.C)
As a rule, the winning lender pays compensation to your broker for the services and solution provided.
#10 Personal Attention
You need a mortgage plan that is custom fit for you, and a broker who keeps in touch with you during you mortgage years. Keep in mind that their business is built primarily through referrals from satisfied customers, so your positive mortgage experiences is essential for their ongoing business growth.
Your mortgage is a big decision and a powerful financial tool. For your next mortgage, contact a mortgage broker who is trained and ready to help you achieve your financial and home-ownership goals.
When looking for a home do your homework don’t always settle for the 1st Mortgage available to you….
for reasons 1-7 view blog under finance contact me today lets see what can be done…..
Looking to sell/relocate/invest email me today Robert-Paterson@ColdwellBanker.ca
