Looking to "buy a home" or "consolidate debt"? Are you a "first-time buyer" or "self-employed"? Do you know if you want a "variable-rate" or "fixed-rate" mortgage? Who will be your "lending Associate"? The list of decisions is lengthy and like most people your time is valuable. You don't want to waste your time looking into options that aren't right for you. And you don't want to find out later that you could've saved yourself thousands of dollars. It's important for you to get the right mortgage for your financial situation, now. Choosing to enlist the services of a Mortgage Associate - to help you get the best rates and services available - is an intelligent way to make your dreams of home ownership come true.

Any one lender (e.g.: bank, trust company, or private lender) has a limited number of loan programs to offer. In contrast, a Mortgage Associate has contacts with dozens of lenders and virtually hundreds of loan programs; therefore, they can customize a program to your specific needs. The Mortgage Associate is an agent that works for you, not the lender. Working for you, an experienced Mortgage Associate acts as the liaison between you and the lending institution; negotiating terms and conditions that are more favorable to you than those you would receive by working directly with the lender. And it doesn't cost you a cent! Lenders offer lower prices to brokers because a Mortgage Associate performs services that a lender would otherwise be forced to do themselves - the most important of these is servicing customer needs. A Mortgage Associate can help you with new home purchases (even for the self-employed), recreational or investment properties, debt consolidation, and refinancing. For example, a Mortgage Associate can provide you with:

• Understanding the costs involved in purchasing a new home
• Lawyer's Fees, Registration Fees, and Mortgage Appraisal Fees
• Land Transfer Taxes and Property Taxes
• Mortgage Default Insurance (this allows many Canadians to purchase their first home with less than 20% down)
• Home Inspection
• Advising you on your down payment options, and Providing a home buyer's plan
• Assisting in determining whether a variable or fixed-rate mortgage is best for you
• Searching the market for the best Cash Back Mortgage product
• Finding the right lender for your long term goals
• Providing advice and assistance on Equity Mortgages, Second Mortgages, and Mortgages for the Self-Employed (e.g.: "No Income Qualifiers" - self-employed loan applicants)

A Mortgage Associate can provide pre-approved interest rates that are held for up to 120 days and are lower than the posted bank rates. You might think that a home is the biggest investment you will ever make, but actually your mortgage is. Over its term you can end up paying more for the interest than you paid for your house. Even saving a fraction of a point on your interest rate can save you thousands on your mortgage.