Article provided by: Cindy Janisch, Mortgage Associate
There are many great advantages that come with working closely with a mortgage broker. Consider a few of the following benefits:
- As mortgage brokers in the Edmonton area, Mortgage Tailors have access to a vast array of loan products from a number of lenders. It’s through this network that their clients are able to obtain the type of loan they’re looking for at the rate that suits their needs. When compared with a local bank, the network available to a mortgage broker is impressive!
- Since mortgage brokers represent Edmonton clients, rather than the lending institution, they are able to help you find the best deal possible. Your agent is a knowledgeable partner working on your behalf, unlike a banker whose interests are that of the bank. After identifying your needs and goals, your broker will go to work for you to find the greatest value overall, in terms of your interest rate, the amount of repayment and the loan.
- If you take a loan out at your local bank, you can be certain you’ll be handed a mountain of paperwork with which you will be left to navigate. A mortgage broker, on the other hand, is there to do the navigating for you, making straight the roadway and eliminating the bumps. If you happen to have credit issues, for example, your broker knows which lenders will be best to work with. If your borrowing needs exceed that which the bank would consider, your broker will not be daunted in the least.
- As your mortgage brokers in Edmonton, Mortgage Tailors can free up your time during this stressful time in your life. As well, a broker can often expedite your loan so that you’ll have the money in your hand a lot sooner than you would had you gone through your bank.
As qualified experts in their field, your broker is there to do the legwork for you. This means you are partnered with a professional who expressly understands the unique challenges that may come along, and be there to manage every detail of the process along the way.
Mortgage Brokers from Mortgage Tailors in Edmonton can help you obtain cooperation from lenders in a unique way that is typically not as common when you work with a bank. Approaching a lender without experience can often lead to refusal of your proposal. This is where the experience and advice of a broker can really come into play.
For more information, contact the most reputable mortgage brokers in Edmonton by calling Mortgage Tailors at 780-298-9502. They’ll be happy to answer your questions and help you determine the next best step in the process of securing your loan. Mortgage Brokers Edmonton