You always want to get the best rate and the best deal possible. The biggest question of them all would be “Do mortgage brokers get better rates?” If you’ve ever considered buying a house or have purchased a house, then you have definitely thought about the difference in going through the bank or seeing a mortgage broker.
A mortgage broker is a professional who is a freelancing agent, meaning they work for themselves and gain many contacts with the different lenders. They are paid a commission from the lenders for securing a good borrower and they negotiate with the lenders to try and get their clients the best rate they can find. Think of them as a recruiter, seeking out people interested in borrowing for a home and set them up with a lender that will work with them. Many of our clients have already let us show them the answer to “Do mortgage brokers get better rates?” They enjoyed working with a broker because they found we did get them a better rate, better than anything the banks were offering and we made the process as easy as possible. Since the banks have only one option for a lender (being themselves), there is only so much they can offer. But as a mortgage broker, we have access to the entire mortgage market. We have many options for different lenders offering different rates which will give you plenty to choose from and gets you the absolute best rate possible. We also can sell mortgages from most major banks if you’re looking to get an outside perspective on their mortgages. By working with us, we will assist you through the whole application process, from pre-approval to home appraisal and after the closing, you can always reach out to our mortgage professionals to help you throughout the life of your mortgage.
We work by getting to know you, calculating what you could be approved of and discuss with you your options while trying to find you the best rate and the best deal possible. If you’re still wondering “Do mortgage brokers get better rates?”, give us a call at (506) 471-4210 or toll-free at 866-957-2263 to speak with one of your agents.