Five Reasons You Should Work with a Vancouver Mortgage Specialist When Buying a Home
 February 2 2017     Posted by Siemens Group

One of the challenges buyers face when entering the real estate marketplace is they don’t have a clear idea on their options and the challenges they could face. It’s why so many are now turning to a local Vancouver mortgage specialist  as they navigate the market and find their ideal home. If you’re at the inception of your home buying process, here are five reasons to work with a local Vancouver mortgage specialist.

1. You Can Get Independent Guidance

Each mortgage broker is equipped to provide you with independent advice that you wouldn’t receive when going directly through a lender. The specialist can review the range of products available, and detail which option best suits you and your family. When you work with a lender, the service team member might be tasked with pushing a certain product, limiting the value of their expertise.

2. It’s Free

The mortgage broker is paid by the lender when they bring their business to the company. And this means that working with a broker is free for you as a home buyer. This also means you can save time in navigating the marketplace, reduce your long-term costs and speak with a specialist all at no additional cost to you and your home buying process.

3. Brokers Oversee Negotiations

A common challenge for those with limited experience in the real estate marketplace is trying to negotiate directly with a lender. The lender has all the data on their side. Their team also has a history of successful negotiations. And that’s why it’s important that you, as the homebuyer, have a partner within the negotiation process. The mortgage broker will play an important role in negotiations, continually working to ensure you get the right deal for you and your future home.

4. You’ll Receive an Affordable Rate

Because the broker has experience within the lending process, and has a clear understanding on each of the products offered by lenders, they can help you find the lowest rates within the industry. They can also explain each of the products in detail to ensure you have a full understanding before you sign any documentation.

5. You’ll Have More Choices

Brokers work with a number of lenders and can open your mortgage negotiation process to the entire marketplace. This increases the number of lenders vying for your business and allows you to be more precise in the type of mortgage you choose.

Each mortgage specialist at Invis – The Siemens Group in Vancouver  is ready to get you started on the road to home ownership. To learn more on your mortgage options, call us today at 604-351-7438.