When it comes to making a major purchase, having options is a good thing. Having options means you can compare prices and select what is more affordable for you. Who wouldn’t want that?
Instead of going straight to your bank and applying for and obtaining a mortgage, working with an independent mortgage broker is often the more financially beneficial choice. The banks will offer you one interest rate and one set of mortgage terms, while a mortgage broker can offer you multiple rates and terms from multiple lenders. This allows you to find the best rate and terms to suit your needs specifically.
Working with a broker isn’t just good for your wallet! Below are six additional benefits to using a mortgage broker:
Throughout the year, there are countless national holidays to celebrate. Nearly everyone has heard of National Ice Cream Day, National Teacher Day and National Siblings Day. Yet, there’s one day that has been missing from our calendars - National Mortgage Brokers Day.
The Association of Independent Mortgage Experts (AIME) is pleased to present National Mortgage Brokers Day, a day to celebrate and recognize the unique value that mortgage brokers bring to the home buying process and why they are the best choice for home buyers. Below is everything you need to know to make the most out of this new national day.
Choosing the right mortgage broker can be tough. Applying for a mortgage loan is a big investment and you want to make sure your financial future is in good hands. That’s why it is important to see reviews and ask for referrals of the brokers beforehand. If past clients of your mortgage broker claim that they did the 7 things listed below, you're in good hands!