Have you ever thought about your mortgage?

Did you know that about 80% of people just sign the papers when renewing their mortgage?

I'm not here to tell you what to do but if you call me to give you a second opinion about your mortgage then I can save you money.

If you take the banks posted rate, today a 5 year rate is posted at 7.29%, which is what they might send you in the mail on your renewal notice you will be potentially losing money.

As a Mortgage Specialist, I take your mortgage and shop it around to 80 different lenders.  I take it to Banks, Credit Unions and other lenders who will loan you money.  It all depends on your credit.  If your credit is good you will get a discounted rate.  If you don't ask though you won't get it.

Do I charge for our service?  We get paid by the lender for placing your mortgage with them.  It doesn't cost you to try so why not get the free second opinion.

What else does a mortgage broker do?  We pull one credit bureau and shop it for you.  If you go to a 2 banks and a credit union, each place will pull a credit bureau, thus dropping your credit score. 

Does your credit score matter?  Banks today have limits on what they can do.  Mortgage brokers have more flexibility because of the amount of lenders that we deal with.

Questions, comments, different situations....

Let me know

Victor