Kelowna is home to beautiful gardens, vineyards, forests, and sandy beaches. Despite being a popular tourist destination, the city is undiscovered, something that makes it a perfect place to settle down if you like areas that are not too crowded. Getting a mortgage is a fantastic way to finance your home purchase. However, if you’re new to the whole process, you may find it confusing and time-consuming. A Kelowna Mortgage Broker can take away all the stress associated with the application process.
Working With a Kelowna Mortgage Broker
As a mortgage broker, I’m an independent business owner. That means I don’t work for a particular bank or credit union, I work for you. I don’t have a manager pressuring me to sell you products you don’t want to hit certain sales targets. Instead, I take a low pressure approach, focusing 100% of our energy on delivering great customer service. My team takes the time to help you navigate through the mortgage transactions by ensuring you understand all the complexities involved. Here are a few ways I can help you:
More Solutions and Specialty Lenders
If you had to set time to visit different lenders to get a quote, this could take you several weeks. Working with me helps you cut down on the work and time involved in looking for the best mortgage. I take your application once, then return to you with 1-3 lender options, filtering through the lenders with unfavorable policies or slow turnaround time. There are also several dozen specialty mortgage lenders that only work with mortgage brokers, not the general public. You’d never know about them without the help of an industry insider. All you need is to complete a single application, and I’ll take care of the rest.
Understand What to Look for in a Mortgage
The mortgage industry is a tight knit community. Over the years I’ve formed strong relationships with multiple mortgage lenders, and they all have their special quirks and unique benefits that might give you an edge. That experience makes me better suited to understand which lender is the best solution. My team will evaluate your current situation and explain what to look for when shopping around for a mortgage. For example, if you have credit challenges, I have connections with lenders who offer flexible financing to those with a bad credit history. Doing this by yourself could be tedious, and you may end up dealing with a lot of rejections, a higher interest rate, or working with a lender that charges extremely high penalties. All of which could further worsen your situation.
Save Time and Money
Another reason you should consider working with me is that our team saves you a lot of time in the long run. Apart from doing all the research on your behalf, I also help you narrow down your choices based on your budget and circumstances. Instead of you searching for a needle in a haystack, I’ll bring you the neat pile of needles and explain the differences. Plus, since I deal with lenders directly during the application process, you’ll be insulated from the a lot of back and forth emails and phone calls I take care of behind the scenes.
Lenders in the mortgage industry tend to give special treatment to their top brokers by way of special ‘unpublished’ interest rates and faster approvals. That means I can get discounts on your interest rates to help reduce the total amount you’ll pay over the years.
Enjoy Convenience and Flexibility
Unlike banks and big lending institutions that tend to do what’s necessary for their clients, I tend to go the extra mile by being available outside set business hours. You’ll have my direct cell number to send me text messages, and you don’t need to visit a branch or call into a call centre to get your questions answered.
When your mortgage application is denied, that affects your credit history. I don’t want you dealing with these problems. My team has access to loan information and records from different lenders, which makes the matchmaking easier and increases your chances of approval. I do a complete 360º review of your financials so we can proactively deal with any issues before they become a real problem.
Enjoy Continued Service
My job doesn’t end when your mortgage is funded. My team is always available to answer questions and provide advice to ensure that the mortgage you choose goes according to your long term plan.
Book a Free Consultation Today!
If you’re looking to purchase a new home or you need to refinance a mortgage, contact me today to find out how I can help you navigate through the mortgage application process hassle-free.