Why use a Mortgage Broker?
| BROKER | LOCAL BANK | |
| TRAINING | Formal & Accredited | Limited (internal training) |
| Client Creditworthiness | Accommodates all types of client | Preference towards a client with perfect credit |
| Face to face meetings - at a location of your choice |
Always |
No |
| Products Available |
Too many to list. Access to over 40 lenders |
Very Limited |
| Product Knowledge |
Very High |
Low |
| Rates | Better than bank posted |
Posted |
| Typical commitment turn around time |
<2 days |
3 weeks |
| Attitude towards the client |
We have the clients best interests in mind |
Likely biased towards corporate financial targets |
| Cost of Service (typical) |
No charge |
No charge |
| Mortgage Structure |
Same as the bank |
- |
Other benefits to working with Alberta Mortgage Solutions
- Minimize the impact on your credit bureau
- We know the mortgage market and how it is trending. By having this information you can make a more informed decision on selecting your mortgage product.
- We work for you!
- We save you time and frustration
- We offer our clients advice on optimizing their credit score (found within their credit bureau) so that they can always qualify for the industries best discounted rate.
If you have been turned down by the bank, have some previous credit issues
or income verification problems WE CAN HELP YOU!
Who Should Use A Mortgage Broker?
…EVERYONE…
or income verification problems WE CAN HELP YOU!
Who Should Use A Mortgage Broker?
…EVERYONE…
