As a property investor, it only makes sense that you know what a mortgage agent can do for you. A mortgage mentor, agent or professional is all general the similar thing.
Unless you are buying all cash or you are making a deal with the vendor for 100% financing the mortgage procedure will perhaps come up. You can also look for mortgage lenders Windsor Ontario and OMAC mortgages Windsor.
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A mortgage broker usually owns the company or franchise while the above work under the mortgage brokers licenses. Mortgage agents have access to the same mortgage products as his/her broker.
When you go to a traditional bank you are limited by the mortgage products that the bank offers. If you do not meet the lending criteria of that particular bank you will have to look elsewhere. What most investors do not realize is that every time they go to a different bank, a credit check happens.
A mortgage agent takes the intimidation out of the mortgage process. They will negotiate aggressively with lenders on your behalf. That is what they do every day.
If you're buying an investment property you should have a mortgage agent pre-qualify you. It's a smart idea to know how much you could qualify for if this turns out to be your only financial option. They will simplify the entire mortgage process; negotiate the best possible products and lowest rates on your behalf.