I was emailed this article this morning. And surprisingly enough it was on me! I work hard to make sure every person I meet that needs help gets the absolute best outcome so I’m very appreciative when my efforts are noticed. Thanks to all my partners I work with and all my clients who allow me to assist them on the path to mortgage freedom.

http://www.londoncommunitynews.com/shopping-story/3845943-mortgage-broker-or-bank-/

Deciding between a mortgage broker or bank can put a damper on your home buying excitement. Here are 5 simple reasons why using a mortgage broker instead of a bank when getting a mortgage is a better choice:

1. Because using a mortgage broker is an effective way of getting the best mortgage package without having to commit hours of your time searching and browsing online.  Also avoiding multiple credit checks by different banks quoting mortgage options, resulting in possibly damaging your credit score.

2. Because a seasoned mortgage broker will already have formed links, contacts, and relationships with a wide range of mortgage lenders and will help you avoid any income or credit pitfalls.

3. Because good mortgage brokers offer many mortgage programs from many lenders with lower wholesale rates compared to the limited higher priced products a bank could offer.

4. Because with banks, loan rules and lending guidelines seem to change by the day, so borrowers need plenty of guidance. A mortgage broker can guide you blindfolded!

5. Because a mortgage broker has a monetary incentive to provide you with the loan option best suited for your particular needs. An overworked bank employee has little or no incentive to offer advice on any program and often let’s you decide what is best.

If you’re looking for the best mortgage agent in the London area, you’re looking for Mike Hattim of Dominion Lending Centres/Forest City Funding. Whether you are first-time buyer or an experienced buyer with excellent credit, Dominion Lending Centres has access to the very best products and rates available across Canada. Give Mike Hattim a call… we think you’ll be pleasantly surprised!