19 Feb 5 Advantages of Working with a Mortgage Broker
If you’re considering buying a home, then one of the first things you want to learn about is the different financing professionals. Depending on your personal preference, you can either contact a mortgage lender or a mortgage broker.
A mortgage lender works for a financial institution, such as a bank. Their role is to issue home loans to qualified borrowers.
Mortgage brokers, such as our team at John Antle Mortgages, act as an intermediary between you as the borrower, and the lenders. Since a mortgage broker is a licensed and highly qualified professional working on your behalf, they offer you several advantages.
- Mortgage Brokers Act as Personal Loan Concierge
- Mortgage Brokers Focus on You
- Mortgage Brokers Saves You Time
- Mortgage Pre-qualification
- Experience and Expert Advice
1 Mortgage Brokers Act as Personal Loan Concierge
Mortgage brokers generally offer our clients greater access to several loans and quick comparisons between mortgage options.
This access to more options is one of the biggest benefits of a mortgage broker. It allows you the chance of finding a mortgage better suited for your individual needs. For homebuyers seeking something unique or have a challenging and unusual situation, this is excellent news.
They work with you to find the right home loan for your needs and circumstances. Our mortgage brokers offer flexible hours for your convenience and support you throughout the entire application and settlement process including paperwork, sourcing pre-approval and assisting to apply for government grants or incentives.
2 John Antle Mortgage Brokers Focus on You
Mortgage lenders work for a specific institution and their aim is to sell you a specific set of mortgage options. Mortgage brokers are partnered with several wholesale mortgage lenders in order to offer their clients more options.
Our goal as mortgage brokers is to understand your financial qualifications, financial goals and recommend a mortgage plan based on your individual circumstances. We strive to find a mortgage that fits your lifestyle, not the other way around.
3 John Antle’s Mortgage Brokers Saves You Time
Applying for a variety of loans, communicating back and forth with your lender and completing the loan process is time consuming. A mortgage broker saves you the hassle of juggling and managing those tasks.
We have systems and procedures in place that ensure you are kept informed throughout the whole process. This saves you time and enables you to stay focused on finding your ideal home.
4 Mortgage Pre-qualification
When you apply for a loan, and you’re denied, it leaves a mark on your credit history.
Mortgage brokers significantly reduce this scenario from happening through the use of software that accesses the latest loan information and the pre-qualification process. Then, they use the information available across the board of lenders to match the best option for your individual goal and situation.
Having a strong understanding of your borrowing power ensures you make the most informed decision and identify which applications will likely be successful.
5 Mortgage Broker Experience and Expert Advice
Hiring an experienced, reputable and knowledgeable mortgage broker is essential. The best way to find a mortgage broker is to ask your friends and family if they have any recommendations. Setting up meetings with a variety of mortgage brokers is a great way to find someone you trust and enjoy working with.
The entire team at John Antle mortgages are qualified and well-known for being able to help almost anyone qualify for a mortgage whether it be residential, commercial or agricultural.
We are committed to providing phenomenal value in comparison to the traditional means of securing a mortgage.