Looking to buy a new home or investment property? To avoid mistakes, lost dollars and countless headaches, you need someone on your side who fully understands the larger picture. Because most of us are far too busy with our own family and work responsibilities, it helps to have an expert keeping tabs on current finance laws, guidelines and trends. That’s why now more than ever, clients throughout Ontario are looking to their mortgage broker to lead the way as a mentor when it comes to financial decisions.
Many new homebuyers are unsure how to prepare and begin the process of buying their first property. While we wait on schools to begin offering proper courses to better equip young adults for financial management, choosing to use a mortgage broker is a great way to educate yourself quickly and from a reliable source. Having a real, live and experienced person on your side gives you the advantage compared with relying on search engines to explain complicated fine print and detailed requirements.
Top reasons a mortgage broker makes a great financial mentor:
- They provide detailed answers to complicated questions
- Mortgage brokers are required to stay up-to-date on national investment and debt regulations
- Many are part of larger organizations which follow financial trends on a large scale
- They bring decades of real estate investment experience to the table
- They have access to info from multiple institutions
- Their success and reputation is a direct reflection of their financial advice — if they are well-known and trusted, it’s due to their ability to make sound financial decisions
Learn How to be Financially Savvy from a Mortgage Broker
Purchasing a property is complicated at the best of times — nevermind during a global pandemic. Whether it’s your first home or your tenth investment property, unexpected surprises are common with regulations in Canada and Ontario changing constantly. Mortgage brokers not only know about these changes, but they also understand exactly how each restriction or provision affects their clients. Choose a mortgage broker to be your mentor and you’ll be able to make financial choices like an expert, as well!
Sort through the confusion and get informed about important mortgage facts and features during COVID-19. A mortgage broker sheds light on things like how your interest is actually compounded, how payment styles, amounts & frequencies can affect you financially in the long run and how mortgage loan insurance can be avoided depending on downpayment percentage. They prepare you for each step of acquiring a real estate investment and offer advice backed by experience.
Mortgage Brokers Versus Bank Representatives
Should you go to your local bank to get financial advice? While many bank advisors are knowledgable, only a mortgage broker gives you unbiased guidance. Advisors at financial institutions are given sales goals that are based on how many products they sell for their company. The goal of a mortgage broker is to find the right solution for their client.
Mortgage brokers stay informed about the nation’s financial trends along with both Ontario’s financial news and local market updates. While some bank advisors do their own info-gathering, others rely on their institution to provide industry news. From a client’s perspective, a mortgage broker offers more options than a single institution, giving you a better overall financial education.
Why Choose a Mortgage Broker
When you look to a licenced mortgage agent such as Gerard Buckley to be your mentor, you get one-on-one guidance throughout your financial journey. Trusting a professional with a long-standing reputation of excellence along with an A+ rating from the Better Business Bureau of Ontario saves you time and money, getting you access to mortgage solutions at the best rates. Enjoy the peace of mind that comes from learning from a financial expert like Gerard.
For sound advice, contact Gerard Buckley today at 1-866-496-4028 or by clicking here and get educated about your financial future! Gerard serves Bruce/Grey Counties, Simcoe County along with the Greater Toronto Area as a whole. Meet with him at an office near you and see the benefits that come with learning about the world of finance from a mortgage broker.