Service Provided For : Who Should use a Mortgage Agent?

Posted on August 13, 2009 08:49 am - All Ads by this Poster - Email to friend

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Details:

Price
(Call for Quote)
Area Served
GTA
Available in Weekends
Yes
Location
Toronto, M3H 5C2
View Map
Phone
416-560-6040

Description:

Who should use a Mortgage Agent?

Everyone that is shopping for a mortgage whether new or a renewal!
Most Canadians have one thing in common; we own a mortgage not a home. When shopping for a mortgage many of us go from bank to bank filling applications after application trying to secure the so-called LOWEST RATE! The banks do a fantastic job inundating us with a barrage of different products, open, closed, equity take-out, cash back, fixed rate, variable rate, most of us are so overwhelmed by all these choices that we simply rely on the banks representative to choose the best mortgage for us. This is usually a sure way of paying more interest than necessary over the term of the mortgage.
A Mortgage Agent working on your behalf has access to the banks, trust companies, insurance companies and many other lenders, this means that you fill out one application and the agent will secure the mortgage with not only the lowest rate, but also the best term allowing you to pay off your mortgage sooner saving you money.
A Mortgage Agent will work with your Financial Planner and the financial institution to help you implement the Smith Maneuver a strategy for turning your bad debt (mortgage) this a debt which the interest is not tax deductible to a good debt one where the interest IS tax deductible.
With all the superior service that a Mortgage Agent can offer consumers, why is that only 25% of Canadians use Mortgage Agents? I believe the answer is simple. Many believe that they will have to pay for the service that a Mortgage Agent provides. Even if this was true, a knowledgeable Mortgage Agent would save you a lot more money over the life of the mortgage than the fees that you would have paid. The fact is that for your standard run of the mill mortgage (a mortgage done with any of the banks), it is the lender (financial institution) that compensates the agent for providing them the business. This means that in most cases the Service of a Mortgage Agent is FREE to the consumer.
Northwood Mortgage™ Ltd. is one of the GTA’s largest brokerage firms. We provide unmatched mortgage funding and investment services. Whether you need a mortgage for your home or for a commercial property; whatever your personal circumstances may be, I can help. We pride ourselves on being able to help you finance your home or business property when others cannot.
Use a Mortgage Agent! Save Time! Save Money! Call today Discover the Benefits!

Pat Alulio
Mortgage Agent
Northwood Mortgage Ltd.
Tel: 416-560-6040
palulio@northwoodmortgage.com
Web: http://www.northwoodmortgage.com/patalulio