A Mortgage Broker in Leduc Will Save you Time and Money
If you are considering buying a new home, your first call needs to be a Leduc mortgage broker. We will work with you to get you qualified, and work out a payment amount that works for you and your budget. By securing the lowest current mortgage rates, you will qualify for more home in your budget; its simple math. When you pay too much with your bank, this is also simple math; higher bank profits.
A mortgage expert in Leduc is similar in many regards to dealing with your bank, but also very different. Your banker, regardless of the relationship you have, works for the bank and has target margins they have to hit. A mortgage broker however, does not work for the bank, they do not get paid more by giving you a higher rate. We get all our clients the lowest mortgage rates in the market, no negotiating, no games.
Why Use a Mortgage Broker in Leduc?
It is easy to get caught up in finding the best interest rate. In fact, we encourage our clients to seek out the lowest mortgage rates. When you don’t know the products as intimately as we do however, it’s easy to miss important details about the product and it’s costs. One cost many clients do not understand are penalties involved with getting out of a mortgage. The big banks have done a masterful job of hiding HUGE penalties into their mortgages by hiding the wording in the fine print. A typical mortgage penalty today with one of our mortgage companies, will cost you 3 months interest, or on average $2500-$3000. These same penalties with the banks however are costing well over $10,000 – $15,000s. Unfortunately other than mortgage professionals in Leduc, there are no watchdogs watching out for the clients best interests.
There are no costs to use a broker, we are paid a referral fee by the lender where we place your loan. So why take on the banks alone when you can have an expert working on your behalf to ensure you don’t pay too much for your new loan.
First Time Buyers
If you are considering buying your first home in Leduc, getting a mortgage is a new experience. The best way to educate yourself is to go through the process, however you don’t want it to be an expensive lesson. Any mistakes made with such a big purchase however, is more than likely to be costly. This is why working with a broker to ensure you get a wholesale rate is the smart thing to do.
More than 4 in 10 first time buyers now use a mortgage professional to finance their new home. This number continues to grow as more consumers become aware of what we do and more importantly what their banks do!
Call us or apply online today, we would love to discuss your mortgage options. We also believe in educating our clients on the traps that exist in the marketplace. There are no fees for our services, we give you frank, honest advice to earn your business. Talk to one of our Leduc mortgage brokers and get on the road to home ownership.