Brampton and Ontario Mortgage Blog
Letting a professional find your mortgage solution
October 28, 2015 | Posted by: Paul Hunjan
When it comes to car insurance you know you are going to get the best rate from a professional broker so why would it be any different when you are looking for mortgage products when it comes to your most valued asset – your home.
Unlike bank representatives, mortgage brokers specialize in mortgage financing. They are not limited by the products bank employees can offer and have a strong working relationship with their lenders including chartered banks, trust or insurance companies, or private funding.
Paul Hunjan, a Brampton Mortgage Broker with Centum One Financial Group Inc. makes it his business to know all the ins and outs of traditional and non-traditional mortgage financing options. As he explains there’s a big difference between a bank employee and a broker. A mortgage broker works for you, not the lender and they depend on your referral for business. Once they understand your needs they are usually more successful on the first attempt to find a suitable lender because they know how to present the proposal and what lender is best suited to that proposal.
Centum One Financial Group has access to over 50 of Canada’s top lending institutions and can place all types of mortgages including: purchases, refinances, equity take outs, debt consolidations, renewals and mortgages for self-employed. They also specialize in second mortgages for people in Brampton and the GTA.
For some, traditional lending is not an option because of self-employment; bad credit or they are new to Canada. A mortgage broker is familiar with all types of scenarios and can tap into their resources and find the right mortgage with competitive rates. Like insurance brokers they know which lenders have the best rates and can negotiate with multiple lenders at one time so that homeowners benefit from huge savings over the term of their mortgage.
The next time you are considering a new mortgage or renewing/refinancing an existing mortgage talk to a mortgage broker first and sit back while they do the work.
Visit Centum One Financial Group Inc. at their website here and learn more about their innovative mortgage products and services.