, ,

Mortgage Brokers – 3 Ways a Mortgage Broker Can Save You Money In Ontario.

When you’re in the market for a mortgage, there are few people who can help more than a mortgage broker. A mortgage brokers is a registered associate who works on your behalf to find and obtain the best possible mortgage for your financial situation. They become familiar with your unique financial history before looking through the entire mortgage marketplace to find the loan that is perfect for you. For those who don’t fully understand the various ways that a mortgage brokers can be of use, below are three examples of ways that mortgage brokers can save you money. Some of these ways might surprise you.


1) The first way might surprise you, as it is something that all mortgage brokers are doing all the time. What is it? In Ontario mortgage brokers are essential to keeping mortgage rates competitive. In essence, mortgage brokers keep interest rates low, and keep the entire marketplace in check. How? Simply by providing you, the consumer, with a lot of choices. By giving borrowers access to multiple sources of funding, including banks, credit unions, private lenders and investment companies, mortgage brokers incentivize the lenders to keep their rates competitive.


2) A mortgage brokers also saves you money when you allow him/her to go “rate shopping” for you, instead of doing it yourself. How? When you go from bank to bank seeing if you qualify for a mortgage, the bank will pull your credit history every time, and every time your credit history is pulled it lowers your overall credit rating. This means that the more shopping you do, the more your credit rating deteriorates. A mortgage brokers can look at your credit rating once, and then use it again and again as they look for the mortgage that best suits you.


3) The last way that a mortgage brokers saves you money is by offering their services for free. All of the time and frustration you save using a mortgage brokers will end up costing you, the borrower, nothing. Mortgage brokers typically take their free from the lenders, despite the fact that they always work exclusively on your behalf. If a mortgage broker does charge a fee—perhaps to help you get approved despite an adverse credit rating—their charge is disclosed right away, before you agree to their services.


A mortgage brokers is definitely your friend when it comes time to acquire a major loan or mortgage product. If you’re interested in finding a mortgage broker but aren’t sure where to find one that might be right for you, look no further. We’ve done the research and found the best Ontario mortgage brokers for you, and we’re happy to share what we know.

Have A Question? Submit Your Question Below

And We’ll Get Back To You Right Away

Housing market stabilizing: CMHC

Click here to see the Active Listings currently for sale in key Toronto GTA neighborhoods.  If you see anything of interest and would like further information or to arrange a private viewing, please call or e-mail us and we’d be glad to provide our unparalleled service to you.

This blog communication is for public awareness and public responsibility, for client and customer benefit and best intrest in mind.

Vijay Gandhi is an Re/max Real Estate sales Personnel &  independent mortgage planner- industry insider & CENTUM Agent. If you are purchasing, refinancing or renewing your mortgage, contact Vijay or apply for a Mortgage Check-up to obtain the best available rates and terms.

Have you considered a 50/50 Mortgage?

As always, if you have questions about the 50/50 mortgage product and whether it’s right for you, or other mortgage-related questions, I’m here to help!

Whether you are planning to buy-sell-lease-invest your first home or your investment, contact us today!We’d love to hear from you!
Please leave a detail message; I will get back to you soon as possible…

Thanks for visiting my web sites:
vijaygandhi.com , icxforsale.com & torontomortgagetrends.com
Mortgage Rates Are At Historical Lows. Easy OnLine Application. Apply And Get The Best Mortgage Rate!   Variable Mortgage  2.1%   5 Years Fixed  3.49%    Prime   3.00%
*condition apply/sub. to availability
Contact us:

Vijay Gandhi,
Sales Representative- REALTOR®
RE/MAX Dynasty Realty Inc. Brokerage*

Mortgage Agent – Lic.# M10001947
CENTUM Metrocap Mortgage Corp. Lic.#11074

C: 647-267-6338 (Direct-Leave message or text)
O: 416.335.4335 | 905.471.0002 (page me-Have me)
F: 905.471.7441
E-MAIL: vtgandhi@yahoo.com , vgandhi@remax.net
WEB:  www.vijaygandhi.com , www.icxforsale.com
BLOG: https://gtarealtyagent.wordpress.com/

Please call me TODAY for a No Obligation Buyer Consultation or Pre-Listing appointment!
The referral of your friends & family is the greatest compliment you can give me. Thank you for your trust.
Please, forward my name, phone number & e-mail address to your friends, relatives, clients..