Mortgage brokers typically work with dozens of lenders and rely on client satisfaction and referrals to keep their business running. Unlike banks focused on signing you for profit reasons, a mortgage broker is a third-party service who gets paid no matter which bank they sign you with. This means they can provide the best rate AND unbiased advice because they are focused on helping you achieve your dream.

In most cases, using the services of a mortgage broker comes at no cost to the homeowner or home buyer. A mortgage broker instead receives compensation directly from the lender. The only time you might have to pay is when working with a private lender or a lender that refuses to pay brokerage fees – which a mortgage broker would tell you about in advance.

Not only does it take a great deal of time to apply at dozens of lenders yourself, but it can also lead to a lower credit score. Each time you apply at a lender, they have to do a “hard credit check”. Unfortunately, too many credit checks in a short period of time can lower your credit score. The benefit of a mortgage broker is that they typically only need to pull your credit score once to apply to various lenders, which protects your hard work.

We don’t work 9-5 as the banks’ reps do, we work when you need us. Mortgage professionals available during late evenings and even weekends depending upon clients’ situation and needs. You don’t need to waste your time calling by banks’ toll free numbers and waiting for hours to get hold of someone and wait for weeks to set up an appointment. Mortgage Professionals like Jaspreet Bansal are just a call or text away.

Mortgage Professionals can also help if there is a unique situation as they have a wide variety of lenders. Unique situations may include bruised credit, consumer proposals or past bankruptcies, property location, self-employed clients to name just a few.
As a result, clients benefit from the trust, confidence, and security of knowing they are getting the best mortgage for their needs.
Whether you’re purchasing a home for the first time, taking out equity from your home for investment or pleasure, or your current mortgage is simply up for renewal, it’s important that you are making an educated buying decision with professional unbiased advice.
If you are looking to purchase your first home, second home, rental, refinancing or renewal, in the coming months, I would love to offer my advice and expertise to ensure you get the best mortgage product for YOU. Please don’t hesitate to reach out to book an appointment with me at your earliest convenience! I can be reached at 204-998-1636 or info@jaspreetbansal.ca.