GETTING A GREAT MORTGAGE BROKER IN CALGARY CAN BE HARD HERE ARE SOME TIPS.
1) The first thing to look for is accreditation. A good broker will be a registered associate of a larger organization or third-party, which will keep them accountable to a group larger than themselves. In Canada there are a variety of organizations and brokerage “groups,” and many times it varies on a province by province basis as to which your broker will be affiliated with. The point is, he/she should be affiliated with at least one of these registrars or groups, to ensure professional service and higher accountability.
2) Next is independence and the importance of this cannot be overlooked. Mortgage brokers should be independent and not beholden to any one lender for products and services. Ideally your broker should have access to a large slice of the mortgage marketplace, as this will, in turn, give you access to the same slice. A good broker deals with a variety of sources—a fact which benefits you in two ways. Not only will working with that broker confer similar access to you, it will also ensure that your broker has a good reputation, as certain banks will only work with professional and proven brokers.
3) Which brings us directly to our next point: reputation. Yes, it’s cliché to say that your broker should have a great reputation, but the importance of a reputation cannot be overlooked. Why? Because think about how a broker gets a good reputation. By doing exactly what they’re supposed to do: pairing up those looking for mortgages with the perfect lending package. That’s what you want from your broker, so you have to ensure that they’ve been known to deliver the same service for others. You can gauge a broker’s reputation by looking at their online business listing, or even getting in touch with the third party they’re affiliated with and asking questions.
When shopping for a great broker, the important thing is to not rush yourself, consider al the variables, and make a decision you know you feel comfortable with. If you’re still not sure where to locate the best mortgage brokers Edmonton, don’t worry. We’ve looked and found the best mortgage brokers Edmonton for you.