McKay Wood is a certified mortgage broker who has been helping buyers finance their homes for over 10 years. As a St. John's mortgage broker, McKay works with a variety of lenders and valuable connections to secure his clients the best possible mortgage rate and terms. He is also able to help clients who may not qualify for a conventional mortgage.
Why McKay Wood Is The Mortgage Broker For You
Outstanding Communication and Customer Service
McKay’s years of experience have taught him the importance of outstanding communication and customer service. He will take the time to listen to your unique situation and explain all available options in detail so that you can make an informed decision about what is best for you. McKay is always available to answer your questions.
Super-Fast Response Times
McKay knows that time is of the essence when it comes to securing a mortgage in St. John's, NL. That’s why he ensures super-fast response times so that you can move forward with your purchase or refinance as soon as possible.
We Laugh and Have Fun Along the Way
Your home purchase or refinance is likely one of the biggest financial decisions you will make in your lifetime. McKay understands this and takes the process seriously, but he also believes in having a little fun along the way. He knows that laughter makes the journey more enjoyable – for both him and his clients!
Over 200 5-Star Reviews on Google
You can be confident that you are in good hands when you work with McKay. But don’t just take our word for it – check out the over 200 5-star reviews he has received on Google from happy clients! “McKay and his team were amazing to work with. McKay has worked on 2 mortgages for me now and both times, I cannot thank him enough for his hard work and dedication in getting the job done. His team is knowledgeable and very easy to talk to and work with. I look forward to working with him and his team again in the future and will recommend him to my friends and family!” — Carlo Cheung (Google Review)
Top 3 on Yelp for Mortgage Brokers in St. John's
McKay is not only 5-star reviewed on Google – he is also ranked in the top 3 for mortgage brokers in St. John's on Yelp! “McKay is a great guy and a superb mortgage broker. He got me an amazing deal and always went the extra mile. I was able to ask him for advice on difficult decisions and he was always willing to listen and help. Very deserving of your trust – and funny too! He was professional and got me way better results than I could ever produce on my own.” — David K. (Yelp Review)
Our Clients Love Us!
It’s no wonder McKay is one of the top-rated mortgage brokers in St. John's – our clients simply love us! Whether you’re a first-time homebuyer or a seasoned investor, McKay and his team will work tirelessly to get you the best possible mortgage rate and terms.
Get The “Bowtie Broker” on Your Side
Sporting his vast array of bowties, McKay has become known as the “Bowtie Broker” around St. John's. But it’s not just his dapper style that sets him apart – it’s also his dedication to getting his clients the best possible mortgage deal.
Get The Documents Taken Care Of
McKay knows that dealing with paperwork and documentation can be daunting. That’s why he offers full-service support to take care of everything for you. His team will handle all the paperwork and deal with the lender on your behalf so that you can relax and focus on what’s important to you.
Qualify For The Mortgage You Need in St. John's
If you’ve been turned down for a mortgage by your bank, McKay may still be able to help. He has access to over 50 different lenders, including private lenders, and can often help clients who may not qualify for a conventional mortgage in and around St. John's, NL.
St. John's Mortgage Services
McKay Wood offers a variety of mortgage services to its clients, including:
- First-Time Home Buyer
- Bad Credit
- Debt Consolidation
- Equity Take Out
- Home Equity Line of Credit (HELOC)
- Insured Mortgage
- New to Canada Mortgage
- Rental Investment Mortgage
- Reverse Mortgage
- Self Employed
- Spousal Buyout
- And more…
Contact McKay Wood Today!
If you’re looking for a top-rated mortgage broker in St. John's, look no further than McKay Wood. Contact McKay today to start the process of getting the best mortgage rate and terms for your needs.
Commonly Asked Questions:
What is a mortgage broker?
A mortgage broker is a professional who helps people secure financing for real estate purchases. Mortgage brokers work with a variety of lenders and can help you find the best mortgage rate and terms for your needs. In other words, a mortgage broker is like a middleman between you and the financial institution. They will help you secure the best possible deal on your mortgage, whether you are a first-time homebuyer or a seasoned investor.
Is there a difference between a mortgage broker and a bank?
Mortgage brokers are not associated with any one particular financial institution. This means that they are able to shop around for the best mortgage rates and terms on your behalf. Banks, on the other hand, are only able to offer their own products and services. This can sometimes lead to higher interest rates and less favourable terms for borrowers.
How much does a mortgage broker cost?
There is no cost to using a mortgage broker. Mortgage broker fees are paid by the lender and not the lendee. Most mortgage brokers will charge a fee for their services, typically 0.5% to 1.2% of the loan amount. Some brokers may also charge an additional flat fee to the lender. (Learn more about how mortgage brokers get paid.)
How do I know if I need a mortgage broker?
If you are looking to purchase property and need a loan to do so, working with a mortgage broker may be a good option for you. A good rule of thumb is that if you are not sure whether or not you need a mortgage broker, it is probably a good idea to consult with one. A mortgage broker can help you navigate the complex world of financing and find the best loan terms and rates for your needs.
How do I choose a mortgage broker?
When choosing a mortgage broker, it is important to ask about their experience, fees, and the types of loans they work with. It is also a good idea to get recommendations from friends or family members who have recently purchased property
Do I need a mortgage broker?
While you are not required to use a mortgage broker, it is often beneficial to do so. Mortgage brokers have access to many different lenders and products, and can help you find the best mortgage for your needs. They can also save you time and money by handling all the paperwork and dealing with the lender on your behalf.
How do I choose a mortgage broker?
When choosing a mortgage broker, it is important to look for someone who is reputable and has experience. You can ask friends and family for recommendations, or read online reviews. It is also a good idea to interview a few different brokers to find the one that you feel most comfortable with.
What should I ask a mortgage broker?
When meeting with a potential mortgage broker, there are a few important questions you should ask:
- How long have you been in business?
- How many clients have you helped?
- What is your success rate?
- Do you have any testimonials from past clients?
- What is the process of getting a mortgage through you?
- What are your fees?
- Do you offer any other services?
- How can I contact you if I have more questions?
- What is your policy on privacy and confidentiality?
By asking these questions, you will be able to get a better idea of what the broker can do for you and whether or not they are the right fit for your needs.
Why McKay Wood is the Best St. John's Mortgage Broker for You
If you’re looking for a mortgage broker in St. John's, NL McKay Wood has proven he’s one of the best choices you can make. He has over 10 years of experience helping people get the mortgages they need, and his team can take care of all the paperwork and deal with the lender on your behalf.
Contact McKay today to start the process of getting the best mortgage rate and terms for your needs.