Brokers, are great consumer advocates. The service is free, they work without bias, and that transparency gives the consumer complete clarity to make an empowered decision.
Here are 4 points to remember:
1. They each shop multiple options with one application. For the Mortgage Broker this has the added benefit of protecting your credit score. An individual shopping around for a mortgage with multiple lenders actually reduces your credit score limiting your savings,options & sometimes disqualifying a borrower completely!
2. They are there for you through the life of having the mortgage/policy with them. As the market or your life changes, we are here to guide you through every step to ensure you are always guided & things are going as they should be. This ongoing help just like when we helped the first time is also free! They are always reviewing to see if there is additional ways to save you money!
3. If you currently have the best mortgage or insurance option, we advise you to stay where you are & will let you know when its good to review again. We are here to protect you & help empower you through clarity always!
4. Beware of representatives that work directly for one company, sometimes there titles may be misleading, or they may have a program in place to “pass things off to a partner, or someone they “work closely with” don’t be timid to gain clarity, its only to your advantage.
Angela Calla, AMP
Dominion Lending Centres-Angela Calla
Host of ” The Mortgage Show” Saturdays @ 7pm on CKNW AM980
Phone : 604-802-3983 Email: acalla@dominionlending.ca