4 Great Reasons to Use a Mortgage Broker

A mortgage broker in Burnaby with more than 25 years of industry experience gained through opportunities in Germany and Canada, Franz Gerber has been helping clients make their mortgage process a quick and smooth one in the area for a long time.

Many people choose to work with a mortgage broker over a bank lender for a variety of reasons. Some enjoy the number of options they are exposed to while others love the personal touch that comes from a relationship with a broker. Franz has identified 4 Great Reasons to Use a Mortgage Broker:

The Power of Choice!

A mortgage broker offers you more options than a bank would. Brokers work with plenty of lenders, all who offer different packages that can be adjusted to fit your specific need. Franz will shop your mortgage to find the best solution that best fits your situation and present you with a list of options for you to choose from. A bank on the other hand may only have two mortgage options for you to choose from which could potentially be unideal for your life at the time.

Franz is also able to secure the best rates because of the vast amount of options available and use it as a negotiation tactic, too.

It’s All About You

To a mortgage broker like Franz, you are the most important person. Firstly, Franz provides his full attention to his clients. He works one-on-one with each of his clients to identify their needs and locate a lender who best fits their needs. He cares about your life and what you are paying for your mortgage which is why he makes sure that your mortgage solution is tailored to your specific needs.

Secondly, Franz works for you. He does not work for a bank or other financial institution. That means that all of his advice and guidance is conducted with your best interests in mind. Typically, brokers cost little-to-nothing to clients as they get paid by the lenders once they find a mortgage option that suits their clients.

Brokers Are Experts

Brokers are experts in the mortgage industry, especially ones who have been around for a long time. Franz, with over 25 years of mortgage experience, has gained valuable knowledge that he uses to help his clients every day. With the knowledge obtained over the years he is able to provide accurate, detailed advice on mortgage products, market conditions and interest rates.

Franz has also learned a thing or two when it comes to negotiating your mortgage. Brokers handle all negotiations and as someone who has developed quality relationships with lenders from working in the industry for so long, Franz is a favourite to secure the most competitive rates and terms.

Everything In One Place

With a broker like Franz, clients are able to get everything they need in one place. Rather than shop a mortgage on your own and visit with numerous lenders, Franz does it all for you and presents you with each option at one time. He also offers many different mortgage solutions to help with whatever it is you need, whether it be buying a second house or looking to refinance your current mortgage.

For further reading on why a mortgage broker is a good idea, check out the following link: http://moneyfacts.co.uk/guides/mortgages/why-use-a-mortgage-broker180511/.

If you’re looking for a mortgage in the area, a Burnaby mortgage broker like Franz Gerber is as safe a bet as you can make. For more information or to begin the journey, contact Franz today!