Ontario First Mortgage

Many people today still believe that mortgage brokers are only used by people with bad credit. What’s interesting is that because of this misconception, most people with bad credit, end up getting better first mortgage rates that those with good credit!

Another advantage of using a mortgage broker is that it helps to protect your credit rating. When you use a mortgage broker, the mortgage broker only pulls your credit report once and then submits it to the various lenders. When a consumer shops from bank to bank, each bank will pull a credit report. The number and frequency of these increased credit inquiries will actually lower your credit score.

So if you are looking for a first mortgage for a new or resale home, home mortgage refinancing, or if your mortgage is up for renewal give me a call today or apply online. I will be happy to check with our over 100 lender’s to find you the one with the lowest rate.