Why Work With a Mortgage Broker?

happy new homeownersIn short, Mortgage Brokers provide options and information to guide consumers through the complicated mortgage application process. This is especially true in view of the Office of the Superintendent of Financial Institutions’ newly enacted tighter lending requirements, in turn triggering these attention-grabbing headlines:

Do Mortgage Brokers Work With Just One Lender?

Mortgage brokers are licensed professionals who can identify a large number of lenders and options for you. They do not just work with one lender, which is why they can provide you with a variety of options. In fact, some lenders will only work through brokers. Mortgage brokers assess and compare the proposed mortgages and determine if you meet the lender’s criteria.

They can also explain the application and approval process and answer any questions you may have, and review the rate, terms and conditions of the mortgage.

Does the new lending landscape have you shaking your head and wondering whether home ownership or mortgage refinancing is in your future? Talk to Tracy.

January’s Gem

Where does the time go?

This is Mila celebrating her first birthday. Rather than cake, she’s munching on Tracy’s business card and laughs when she sees her Nana’s picture.

Isn’t she beautiful? (And she’s smart too!)

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