How can a Mortgage Associate help me?

Looking to "buy a home" or "consolidate debt"? Are you a "first-time buyer" or "self-employed"? Do you know if you want a "variable-rate" or "fixed-rate" mortgage? Who will be your "lending Associate"? The list of decisions is lengthy and like most people your time is valuable. You don't want to waste your time looking into options that aren't right for you. And you don't want to find out later that you could've saved yourself thousands of dollars. It's important for you to get the right mortgage for your financial situation, now. Choosing to enlist the services of a Mortgage Broker -- to help you get the best rates and services available -- is an intelligent way to make your dreams of home ownership come true.

What a Mortgage Associate does:

Any one lender (e.g.: bank, trust company, or private lender) has a limited number of loan programs to offer. In contrast, a Mortgage Broker has contacts with dozens of lenders and virtually hundreds of loan programs; therefore, they can customize a program to your specific needs. The Mortgage Associate is an agent that works for you, not the lender. Working for you, an experienced Mortgage Associate acts as the liaison between you and the lending institution; negotiating terms and conditions that are more favorable to you than those you would receive by working directly with the lender. And it doesn't cost you a cent! Lenders offer lower prices to brokers because a Mortgage Associate performs services that a lender would otherwise be forced to do themselves - the most important of these is servicing customer needs. A Mortgage Associate can help you with new home purchases (even for the self-employed), recreational or investment properties, debt consolidation, and refinancing.

A Mortgage Associate can provide pre-approved interest rates that are held for up to 120 days and are lower than the posted bank rates. You might think that a home is the biggest investment you will ever make, but actually your mortgage is. Over its term you can end up paying more for the interest than you paid for your house. Even saving a fraction of a point on your interest rate can save you thousands on your mortgage.

When you're making the largest investment in your life, would you agree that it's wise to get advice from an expert? Ashley Chrunik is an expert Mortgage Associate and Real Estate Investor in central and southern Alberta. Most Importantly, services are free.