Better Understanding Of The Mortgage Business
“When It Comes To Using A Mortgage Broker, Sometimes It Can Be Hard To Separate Fact From Fiction In The Mortgage Business”
As a mortgage broker, part of what me and my colleges battle on a day to day basis is the information and misinformation about the services we offer and the cost benefit assessment of others with respect to what we have to offer to our clients.
The landscape has become more and more competitive over the last couple years and as a result there are more people taking the opportunity to voice their opinions regarding using a mortgage broker.
And while there is certainly nothing wrong with providing your opinion, especially in this age of social media that is based largely on discussion and opinion, there is a problem with putting out information, opinion, or rebuttal that does not speak from fact or available statistics and data.
I came across a piece in Canadian Mortgage Trends that did a very good job of correcting some mistakes discovered from another publication, specifically addressing four of what they refer to as mortgage misconceptions.
Here is a link to the article … http://www.canadianmortgagetrends.com/canadian_mortgage_trends/2011/09/a-few-misconceptions.html
As the article mentions, there are a lot of things you can likely do for yourself, but choose not to due to time restrictions and the potential cost of a sometimes steep learning curve. Outside of getting help with a mortgage, there is investment advise, writing your own will, and completing your taxes to name a few.
In my biased opinion, mortgage brokers are like every other type of services professional.
We have a service to provide that delivers value to our customers. And similar to every other type of service provider and practitioner we should be held to a proper standard of customer care and held accountable for the quality of our work.
The mortgage business is not getting any less complex and with all the changes that regularly take place in the market, a professional and knowledgeable guide can truly save you time and money.
If you have any comments on the subject or have questions regarding mortgage broker services, please leave a comment or give me a call and I’ll be sure to get back to you right away.
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About the Author Joe Walsh
I'm a Toronto Mortgage Broker that arranges mortgage solutions on residential and commercial real estate property. With over 30 years of mortgage financing experience, I'm able to quickly assess your financing requirements and provide relevant solutions for your immediate consideration. Joe Walsh Google+ YouTube Channel