As a Chilliwack mortgage broker who has been working in Chilliwack, Abbotsford and the surrounding area for some time, I have helped numerous clients achieve their dreams of affordable home ownership. I do this by providing my clients with all the tools and resources they need to make confident decisions about their mortgage options.
As a professional in the industry, I believe that my job involves more than just getting mortgages for my clients. It involves educating them throughout the process and relieving the burden of stress that tends to come with the mortgage process.
I truly enjoy the relationships I have built with my clients over the years and I love being able to help them enrich their lives through the pride and joy that comes with the purchase of a new home.
I understand that each of my clients had a chose to make when it came to who they were going to work with for their mortgage, and I am honored to have been chosen by so many.
In an effort to make your decision easier, I decided to create this post with a list of questions that are important for borrowers to ask before they choose their mortgage broker. The answer you get when you ask these questions should help you narrow down your search and find the mortgage broker that is the best fit for your needs.
Question Number One – Do You Have References?
It is important to feel that you can trust the person you will be working with, especially when it comes to such a large financial transaction, like the purchase of a home. If you were not referred to the mortgage broker by someone you trust, make sure to find out what people have to say before making your final decision.
Question Number Two – How Long Have You Been in Business?
With this question, you don’t necessarily need to be looking for someone who has been in the business for 20-30 years. While that amount of experience is fantastic, someone who is relatively new to the industry (at least 5 years of experience) could still provide you with outstanding service and may be more up to date on the latest market news and trends.
Question Number Three – What Does the Application Process Look Like?
Regardless of who you decide to work with, you will want to know in advance what to expect from the application process, what paperwork or verification will be required, and how long you should expect the process to take.
Question Number Four – Do You Have Any Areas or Loans That You Specialize In?
Whether you have problems with your credit or you are self-employed, every situation is different. Each of these different situations requires a different level of service and, of course, different financing options.
Be sure to find out if the brokers you are considering have experience or the required qualifications to work with you on your particular situation.
Asking these four questions should help you get off to a great start when it comes to deciding on the right mortgage broker for you!