Burnaby has, over the years, grown to a culturally diverse city with plenty of open spaces and parks. If you’re looking to purchase a home in Burnaby, there are a variety of home choices you can explore. However, we understand that buying in cash is not something everyone would be able to afford.
Working with a Burnaby mortgage broker can help you get the most out of your money if you’re looking to finance your home through a mortgage.
Why Get a Burnaby Mortgage Broker
Working with a competent and experienced mortgage broker has some benefits like:
Doing your research and settling on one or two lenders can be overwhelming, especially if you have to go through all the mortgage terms and conditions. A Burnaby mortgage broker can help you narrow down your choices based on your needs and budget as we work with different lenders to ensure that you get the best-priced mortgage product.
What’s more, we save you the time of having to go to the lender and fix out the paperwork. Our team takes care of the paperwork, and we can negotiate with the lender to get you better terms and pre-approved for a mortgage.
Better and Wider Access
We understand that there’s no such thing as a one-size-fits-all approach when it comes to mortgages. Everyone’s needs are different, and there’s more to explore apart from the interest rate. Our team of brokers work with you to determine your convenient payment schedule, understand if you want a variable or fixed mortgage, and we also consider the amortization period.
As mortgage brokers, we have an array of lenders that we work with to provide our clients with the best mortgage to meet their needs and budget. What’s more, we get special rates from lenders due to the volume of business we generate. Our team of brokers can help you determine some dubious payment terms buried in mortgage contracts.
Management of Fees
Taking a new mortgage involves different types of fees, like appraisal fees, application fees, origination fees, and more. Working with a mortgage lender may help you get some of these fees waived, which could save you a lot of money in the long run.
Access to Lower Interest Rates
Getting the best deals on a mortgage involves a lot of negotiations and shopping around. You can enjoy discounted rates on your mortgage by working with us as we negotiate on your behalf to get you favorable rates.
Get Unbiased Advice
Unlike banks, where the sales agents are paid to sell you their products, brokerages work for you and not the lender. Our focus is to help you understand everything that involves mortgages. We sit down with you and look at the various mortgage plans available to meet your needs and offer you advice and recommendation. We can also refer you to other professionals like real estate lawyers and property appraisers.
Get You Approved
As Burnaby Mortgage Brokers, we take care of the details, so you don’t have to go through the tedious process. We work with lending institutions and banks to ensure the mortgage experience goes smoothly. That helps to improve your chances of approval if you have a poor credit score.
Contact Burnaby Mortgage Brokers Today!
Working with a Burnaby mortgage broker can help you find the best mortgage loan for your needs while saving time and money. We answer your questions and keep you updated with the application status. Our work is to ensure that we take you from the beginning through to settlement. Contact us today to learn more about the options available based on your budget and needs.