Independent Mortgage Broker, Collingwood, ON

As an independent mortgage broker, we work for you to achieve your mortgage lending goals.

Working with an independent mortgage broker is a wise choice when you are looking to purchase property in the Collingwood, Ontario area. It could take you significant time on your own to shop around to various lenders to find the terms that make sense for your situation. Here at the BlueRock Wealth Managem, we don’t just find you the right lenders — we also negotiate on your behalf to get the best rate and terms.

Independent Mortgage Broker, Collingwood, ON

As an independent mortgage broker, we can also help you refinance your existing mortgage or obtain a home equity line of credit, giving you the opportunity to use the appreciated value of your home for improvements and other expenditures. We specialize in working with your financial plan to make sure that your mortgage or loan matches up with your goals, so you can stay on track.

Situations in Which an Independent Mortgage Broker is Invaluable

At the BlueRock Wealth Managem, we understand that it isn’t always clear sailing for those needing a mortgage to purchase or refinance a property in the Collingwood, Ontario area. Some people have a few blemishes on their record, others may have to stay within a specific rate range to make the deal feasible, and still others have had life changes that make it challenging to prove creditworthiness. We work with all types of clients as an independent mortgage broker because we truly enjoy finding the right mortgage solution for any situation. Here are a few situations in which an independent mortgage broker is invaluable and may be able to turn your challenge into a successful outcome.

  • First-time homebuyers: Inexperience when seeking a mortgage can really leave you with unfavorable terms. It is the lender’s job to limit their risk, and that means charging as many fees as possible and getting the highest rate they can, while turning down anyone who looks a bit too risky. We will go to bat for you to negotiate reasonable terms so your first home doesn’t sideline your other financial goals.
  • Your mortgage is up for renewal: Even if you went with your bank the last time you renewed, it’s worth getting a broker to shop rates for you. Just the way you likely look at different airline fares when you’re travelling, renewing your mortgage is the best time to negotiate a great rate for your next term, so use a broker to help you find your best deal.
  • Unestablished credit: This can be the case with first-time homebuyers as well as anyone who hasn’t used credit thus far. We can help make evident that a low credit score doesn’t necessarily mean poor money management skills. In fact, it could be excellent if you are someone who has paid cash for everything instead of using credit accounts.
  • Budget constraints: Whether you are an investor who needs a specific interest rate to achieve the profit margin desired or you just don’t want your housing budget to go beyond a certain level, negotiating for favourable terms on the mortgage can make the difference between successfully closing or walking away from a property that fits your goals in every other way.

If you have already contacted some lenders, it’s not too late to call us to negotiate the terms rather than settle for what they have offered. As long as you have not already signed the papers, there is often the ability to get more favourable terms that can save you hundreds to thousands of dollars over the life of your mortgage or loan.

When you call on us as the independent mortgage broker to be on your side, you get the benefit of the right mortgage lending solutions and the right advice based on your life and financial goals. If you have questions about how to proceed with getting the ultimate in mortgage lending services, don’t hesitate to give us a call.

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