Reason #3. Availability.

We don’t keep “banker’s hours”. We are always only a phone call or an email away for our clients and business partners. You won’t be left in the dark during your financing process, we always keep you updated. Whether you are getting pre-approved for your first purchase, under a timeline to get financing in place for your dream home, or refinancing a property in a vast rental portfolio, we are there to manage the application and keep you abreast to any issues or developments, at all times.

We value our clients, business relationships and referral partnerships. Jennifer Bergstrom founded Jencor Mortgage in 1987. Jen instilled the philosopy in our company that clients, realtors and builders always need to be kept up to date on the status of the file at all times. Since it’s inception, Jencor has always worked very closely with realtors and builders to create an extended team of reliable professionals for our mutual clients.

Nobody wants to feel left out of the loop or uninformed during the financing process. It is stressful to have to wait for a call back and having no one to talk to, especially if you are under a timeline for financing approval. No one wants to find out at the very last minute that the mortgage is not actually approved, or that you are going to need to a contract extension. If this is happening to you, you need to consult a trusted mortgage advisor.

As always, let me know if you have any questions or concerns.

Sarah

Reason #2. Trust.

We work for you. A trusted mortgage advisor serves to represent you in your negotiations with the mortgage lender, or multiple mortgage lenders. An employee at a lending institution is always going to be working in the best interest of that institution, which is not necessarily your best interest. Sometimes cross-selling incentives can cloud the process if you are obtaining a mortgage from a representative that may also specialize in other products, like investments loans or credit lines. Sometimes these representatives are not actually licensed to specifically deal in mortgages. Licensed mortgage advisors are also paid by the lending institution, but in a different way. In almost all cases, we are paid a commission by the lender that we match you with, only after your mortgage is funded. This means that we only get paid when you are fully satisfied with our product offering, all conditions are met, and the deal is done. We will never abandon you during the financing process, and we will always be by your side for any hurdles along the way. We will walk you through every part of the transaction, beginning to end.

A good mortgage broker is educated and experienced in all things mortgages. We are licensed, regulated, and held to a high level of ethical conduct and character. Our reputation is paramount, and our honesty and integrity are our business. We will always be transparent and open with you.

We are your trusted advisor for the life of the mortgage. If at any time after funding you have questions or changes in circumstances, you can rely on us to be there to present options. Life can get complicated. In the event of a potential relocation, financial hardship, or marital breakdown, it is important that you have an experienced mortgage advisor there to offer honest advice about the various options that might be available to you.

As always, let me know if you have any questions or concerns.

Sarah

Reason #1. Unbiased Advice

Mortgage Brokers are industry professionals that provide free, independent financial advice. It doesn’t cost you a cent to call us for professional advice or a second opinion. In most cases, purchasing a home is the largest investment you will make, and it is critical that you understand the details of the financial options available to you before you sign away. Mortgage Brokers are licensed to specifically deal in mortgages, and we are regulated by provincial and national government bodies. Your mortgage is our specialty. We don’t need to sell you a chequing account, or a car loan, and we won’t be transferred to a new department in 6 months. We do mortgage planning, and we do it at no cost at all to you, in most cases, as we are paid by the lender that we match you with.

Shawn Stillman said it well in a Home In Focus magazine interview:

“In no other industry can investors get financial advice for which they don’t have to pay. In the mortgage industry, the lender pays for it. It doesn’t cost the investors anything to get a second opinion. Brokers get paid by the lender, so it doesn’t cost the client anything to use a broker’s services. From start to finish, investors get impartial advice with multiple options and it’s free, so why would you not go ahead and do that? 

If you look at most of the mistakes that investors make, they occur because the investor didn’t have enough information. Especially when you’re investing, it’s critical to know everything before making the final call; that means looking at the little details that help point investors in the right direction.”  Home In Focus: Canadian Mortgage Environment, March 30th 2017.

As always, let me know if you have any questions or concerns.

Sarah

1. Unbiased Advice. Mortgage Brokers are industry professionals that provide free, independent financial advice. It doesn’t cost you a dime to call us for professional advice or a second opinion.

2. Trust. We work for you. We are paid on commission, only when you are satisfied with our product offering and the deal is done.

3. Availability. We don’t keep “banker’s hours”. We are always only a phone call or an email away.

4. Expertise. Getting your financing approved to its fullest potential.

5. Negotiation. A good mortgage broker is also a savvy negotiator. We represent you to negotiate best terms, conditions, and rates.

6. Options, Options, Options. Who doesn’t like options? A good broker has a variety of lenders and products to suit your needs.

7.  A-B-C Mortgage Solutions. Not everyone has a perfect application for an “A” mortgage product. Many people, for a variety of reasons, will need the option of alternative or private lending.

8.  Reading the Fine Print. We make sure you understand it.

9.  Ongoing Service Commitment. You are our client for the life of the mortgage!

10.  $$$$ Money$$$$! Yes we have extremely competitive rates! We can save you money!

Each week, for the next 10 weeks, I am going to be elaborating on each point! Please stay tuned, and as always, do not hesitate to call or email if you have any questions!

Sarah