Saturday, June 21, 2008

Why use a Mortgage Broker?

More mortgage lenders are competing for your business. New features and options are being introduced every day. Knowing what’s right for you – and how much to pay – is becoming increasingly complicated. Maybe that’s why more than one in five Canadian mortgages are now handled by mortgage brokers. Consumers like you are discovering they just don’t have the time to shop from one lender to the next, trying to figure out which deal is best.
What are Mortgage Brokers?
A mortgage broker finds you the best deal on a mortgage. Rather than working for one bank, they are independent and deal with several different financial institutions. This allows them to offer you more choices and more competitive rates. It also means that their advice is impartial and based on whatever is in your best interest.
Not only do they understand everything there is to know about mortgages, they can explain it in plain English. So all you have to think about is enjoying your exciting new home or knowing that you received the best rate on your mortgage renewal.
Their expert and unbiased opinion is fast and FREE! Even though they work for you (not the financial institution), they get paid by the financial institution (not you!) How can you go wrong?
Who does Wealth and Health News recommend?
From personal experience we utilize the services of Carolyn Maycock at http://www.islandmortgage.ca/
Her service is invaluable for anyone wanting to get the lowest hassle free interest rate possible.

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