Have you decided to purchase a home, but you’re not quite sure where to start?

Don’t worry – there are plenty of people who are in the same position as you and that is why we are here to help! As trusted Winnipeg mortgage brokers, we use our experience and extensive knowledge of the mortgage industry to help our clients navigate through the mortgage process and secure the perfect mortgage for their situation.

Working with a mortgage broker can save you time and money, and can even prevent a few headaches. You may be thinking, “That sounds great, but how do I choose the right mortgage broker?”

At One Link Mortgage and Financial, our team of expert mortgage brokers is dedicated to making the mortgage process as simple as possible. There are more than enough tough decisions for you to make throughout the process so we have compiled a few tips for choosing the right broker that should help relieve some of the stress that comes before the actual mortgage process even begins.

Availability

The mortgage broker you choose to work with should be available when it is convenient for you. They shouldn’t make you work around their schedule and they should always be available to answer your questions or to help you work through any concerns you may have.

Education and Qualifications

Your mortgage broker should, of course, be licensed and qualified to work as a mortgage broker and should be maintaining their education on the industry and common practices that will help them provide you with the best possible service and advise while helping you obtain your mortgage loan.

They should also educate you along the way by explaining each step of the process and skillfully answering any questions you may have.

Costs and Fees

It is important to find out what costs and fees you will be responsible for (closing costs etc.).

Network

Most mortgage brokers have access to a large network of lenders, which is what allows them to shop your mortgage around to get you the best possible rate and term for your mortgage. If the mortgage broker you are considering works with only a limited amount of lenders, it is in your best interest to find out why.

It could be that they have had great success working with those select few lenders and don’t need a wider circle, but it could be because other lenders refuse to work with them.

You may also want to find out how long the mortgage broker has been in the business and whether or not their past clients recommend them.

At One Link Mortgage and Financial, we take pride in taking care of our clients, helping them affordably finance the purchase of their dream home, and building lasting relationships along the way. Give us a call to find out more about the services we provide or to set up a free consultation with one of our trusted Winnipeg mortgage brokers today!