Top Five Things To Look For When Hiring A Mortgage Broker

Author: Mortgages With Paul Kostashuk | | Categories: Bad Credit Mortgage , Best Mortgage Rates , Debt Consolidation , First Time Home Buyer Mortgage , Home Equity Loan , Mortgage Broker , Mortgage Refinancing , New to Canada Mortgage , Private Mortgage , Second Mortgage , Self-Employed Mortgage

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A mortgage broker will pave the way to homeownership for you by assisting you with the mortgage process - from the pre-approval stage to the completion stage. They will assess your financial condition, give you access to multiple lenders, and help you make an informed decision by evaluating your mortgage options.

With so many mortgage brokers available, learning the qualities of an ideal mortgage broker is an integral part of selecting the right one. To help you evaluate the options you have, and choosing the right professional who will navigate you through the mortgage process, here’s a list of the top five things to look for when hiring a mortgage broker.

1. Experience
Having worked with a diverse range of clients, a seasoned mortgage broker will be able to understand your needs accurately and find your mortgage solutions within your budget. Therefore, look for a professional with a copious amount of quality experience. 

2. Tailored solutions
Each client is different and so are their mortgage needs. Is your prospective broker ready to assess your needs and find you solutions that exactly complement your needs? Are they willing to put in the time and effort to come up with customized mortgage solutions for you? Ensure that your broker can provide affirmative answers to these questions.

3. Exclusive solutions 
Look for a mortgage broker who offers exclusive products for mortgages and unique mortgage solutions. Ask them how much refinance their brokerage allows. The higher the percentage of LTV, the better the deal is.

4. Patience and consideration
Your broker should deal with you with patience and consideration while helping you with your mortgage from start to finish. They should explain the ins and outs of the mortgage process and give you a positive learning experience.

5. Customer service
When working with a mortgage broker, you should expect great service and a person who puts you first. Enlisting the services of a mortgage broker who insists on customer satisfaction is essential. They should be dependable and reliable and be available to you when you need them.

If you’re looking for a mortgage broker in Etobicoke, ON, reach out to me at Mortgages with Paul Kostashuk. I can walk you through the mortgage process and help you sieve through hundreds of mortgage solutions to find you the most lucrative deal. With over three decades of experience,  I offer exclusive mortgage products that allow my clients to refinance up to 95% LTV. I offer a full line of mortgage services including first time home buyer mortgage, mortgage refinancing, new to Canada mortgage, and private mortgage to clients across Etobicoke, Hamilton, Kitchener, Brampton, St. Catharines, Guelph, Orangeville, Milton, Burlington, Mississauga, Ajax, Oshawa, Newmarket, and Toronto, Ontario.

To learn more about the services I offer, please click here. To get in touch with me, please click here