Posts Tagged ‘Local Bank’

Finding The Right Mortgage Broker Online – The Facts

The advent of the Internet has really revolutionised the mortgage industry. Now days you do not need to visit your local mortgage broker or bank to arrange a home loan, everything can be done sitting in front of your computer. Not only does this make the whole process quicker and easier but also means [...]

Mortgage “stores” are a Hit With Homebuyers

Question: “What’s the biggest financial investment most Canadians will ever make?” Okay, that may have been an easy one if you read the headline of this column. For most Canadians, their home is their biggest investment – and their most powerful financial tool. It’s odd – given the importance of the mortgage decision – [...]

Three Common Misconceptions of Mortgage Brokers

Some first time home buyers opt to obtain a loan directly through their local bank branch rather than employing a mortgage broker. The reason why this may occur is because there a few misconceptions associated with the mortgage broker profession. In reality, mortgage brokers and their respective brokerages have come along way from the days [...]

Should you Work With a Mortgage Broker, a Mortgage Marketer, or a Bank Representative?

There are three kinds of mortgage consultants:• The representative of the local bank branch: They only offer loans, and have many other duties besides mortgage loans, are salaried, with a possibility of an annual bonus.Traditionally, it is the local bank branch representative who acts as the mortgage consultant. He is the only one who is [...]

Mortgage "stores" are a Hit With Homebuyers

Question: “What’s the biggest financial investment most Canadians will ever make?”Okay, that may have been an easy one if you read the headline of this column. For most Canadians, their home is their biggest investment – and their most powerful financial tool.It’s odd – given the importance of the mortgage decision – that many homebuyers [...]

Mortgage Broker : Translator, Negotiator, and Ally

Purchasing a home can be a confusing time for first time home buyers. In the game of the purchasing and selling of Real Estate there are 5 main players. The buyer, seller, their respective real estate agents, lender, and most importantly, the mortgage broker. A mortgage broker is more than just the individual who sets [...]

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