Why did I choose the mortgage industry ?

I'll get right to the point , I got lousy service as a  mortgage client !

I had been working for years in my family business specializing in finance and lending but I had no idea what I was doing with my mortgage. I was leaving that to the mortgage broker I dealt with when I bought my first home. I was looking for something new to do that would capitalize on my specialties People, Service and number crunching  and there it was staring me in the face - mortgages ! 

Not once did I hear from my mortgage broker after I bought my house EVER ! My mortgage went on auto pilot and one day some new company phoned me up to see if I need money to renovate my house and bam I had a new mortgage broker, just like that . Sad really, I had a good first experience with my first mortgage broker but she forgot about me. Even sadder than that, when she found out I had renewed with someone else a couple years later she was shocked. She actually expected my loyalty to  span 4 or 5 years with absolutely no contact. I didn't even have any idea that she COULD help me on renewal or with renovation funds.

So here is why (in a nutshell) I got into this business:

1.Help people understand their mortgage - for the lifetime of their mortgage, not just today

2.Send my clients important information about the ever changing mortgage market

3.Contact my client if they can get a better rate and I can save them money

4. Remind my clients that they are important to me and my future in this career

Your mortgage is very likely the biggest financial investment you will ever make . Most people spend more time watching TV in ONE WEEK than they do looking at their finances (mortgage included) in a LIFETIME.
If you don't have the time to think about your mortgage or get scared about making decisions then you need me!

I answer the phone
I return phone calls
I love emails
I'm on Facebook
I'm on Linked IN

I love what I do !
Denise

Why would I use a Mortgage Broker ?

I think it fitting that for my first blog I write something about what I do and why you should be using a mortgage broker EVERYTIME you have a real estate  purchase, renewal or re-finance ~ I forget sometimes how many people don't know about the advantages of using a mortgage broker.
Here is my top 5 advantages:

 5. The banks pay us to bring them good credit clients - we don't charge fees for our service
 4. We shop all the rates at one time - saving you tons of time. We have multiple lending sources to access the best terms for your unique mortgage needs - not just one set of terms that the bank branch offers.
3. We have access to private funds if poor credit is an issue - so your credit can be patched up
2. We are highly specialized in Mortgages only which makes us more focused- not selling you credit cards and RSP plans too.
1. We will call you every time we can save you money during the term of your mortgage - the banks will not call you to tell you you're paying to much.

To sum it all up - your bank is not doing you any favors, they are profit centres period ! It drives me crazy that people fall for it when the bank says they will give a discount off posted rate ! Brokers start at that rate , no games. I can even beat the supposed discounted rate for some bank clients at their own bank. Go figure ?

Hope you enjoyed , stay posted for more info in days to come.



Denise Benninger