Introduction
For the majority of consumers buying a home and financing it will be the most significant investment made in their lifetime. With so many mortgage options available and financial institutions to consider, it makes sense to consult an industry professional to ensure the mortgage product selected is cost effective and tailored to meet your financial goals. Today 1 in 3 Canadians selects the services of a Mortgage Broker versus their own financial institute.
Selecting THE MORTGAGE NETWORK INC as your Mortgage Broker does not result in any additional costs to you. The lending institution pays our referral fee.
Choosing THE MORTGAGE NETWORK INC allows you access to all of the lenders in the industry. We have the ability to select the lender that specifically meets your criteria in terms of prepayment options and payment flexibility while obtaining the most competitive interest rates.
Typically, your own financial institution will quote ‘a posted rate’. This is regardless of the strength of your application. THE MORTGAGE NETWORK INC is in a better position to negotiate the best interest rate and longest rate guarantees. Lenders will quote a Broker their “best rate” first, as the Lenders recognize they have only one opportunity to bid on your application. Some of our lenders include: TD Canada Trust, Bank of Montreal, Scotia Bank, First National Financial, Co-Op Trust, Laurentian Bank.
With THE MORTGAGE NETWORK INC the borrowing process is simplified. You complete one mortgage application that we analyze, package and present to the appropriate lender. We can present your application to a financial institution that is more receptive to your special financial or employment situations. Once your application is approved, THE MORTGAGE NETWORK works with you to process the required documentation that the lender requires.
At THE MORTGAGE NETWORK INC it is our mission to provide our clients with a comprehensive service. This means educating you on the options and products available, making your home purchase and mortgage financing the ‘stress free’ experience it should be. Our ‘After Care’ program means that we are available to assist you throughout the term of your mortgage.