Why Use a Mortgage Broker?
Do you want the mortgage with the best terms and rates possible? For most everyone the answer is yes. However, many people still take the mortgage product offered by their bank without shopping around.
When dealing with a bank, you are only negotiating with one lender and only for their limited line-up of products. Even if you have been a long time customer of a bank, does not mean you will be offered the best rates possible.
Joanne, through Dominion Lending Centres Commercial Capital Inc. deals with many lenders, from financial institutions to private lenders, and is able to provide for her clients the best mortgage possible from a vast array of financing options from all the competing lenders in the market. Each real estate transaction is unique and each lender caters its mortgage products to attract a certain sector of the mortgage loan business.
Why is Joanne a better broker to deal with?
As a member of the Law Society of British Columbia from 1990 to 2004, Joanne has years of experience as a real estate lawyer and she knows how to keep her clients happy. It starts with listening to her clients, to better understand their situation and their needs. Not every borrower is the same, and many face challenges. Joanne's legal and financial background allows her to examine all the available mortgage products to determine that which is best suited to her client’s needs. All mortgages are not created equal and one mortgage could be more suitable and economical than another. Joanne continually keeps abreast of the various types of mortgage products available such that her clients can ultimately benefit from her knowledge and experience.
Furthermore, should interest rates go down while we are working with a client, Joanne is quick to respond and will lock into the best rate of the day. This is not a service offered by all banks and brokers. Even the slightest adjustment in the interest rate downwards can save you a significant amount of money over time.
Through Dominion Lending Centres Commercial Capital Inc., Joanne enjoys special status and receives volume benefits such as lower interest rates and faster approvals from the lending institutions. Those benefits are passed on to you providing you with the best service and rates possible.
Additionally, if you would prefer to speak in French, German, Spanish, Korean, Mandarin or Cantonese, Joanne has the staff to assist you so that you may obtain your mortgage financing in your language of choice.
Joanne's services are typically free to her customers. On standard residential transactions, the client does not pay a fee for her services. Rather, the lenders pay her fee. In difficult situations where clients do not meet standard mortgage approval guidelines there may be a fee charged. However it is Joanne's policy and commitment to her clients to quote this fee up front, so that the client may decide at the initial stages whether he or she wishes to proceed.