Discussions

Did you use mortgage broker firm?  
What was your experience and recommendations?  
 
Don’t recommend going to bank not interested in the big bank approach that treat you as a number not a person.  
 
Edited by Mac72, 2022-04-09 11:28:50

We worked with Naomi Hamm from CENTUM and I would recommend her to everyone. She made the entire process stress free, and worked around the clock to accommodate my schedule. The interest rate lowered a day after some paperwork was signed and she went out of her way to work with the lender to get us the lower rate. She was knowledgeable and answered all my questions very clearly.

So glad I went with them instead of CIBC.  
I highly recommend Wes Rushton. Very helpful.

Thanks for the info.I will definitely checking out the mortgage brokers.  
Got 2 emails from people who used Dominion Lending too.

I find it interesting that you feel the way you do about using the bank as I work as a real estate paralegal and find the opposite approach. In my experience it's the mortgage brokers that treat clients more as a number, not a person AND you will ALWAYS pay more with a broker.

Real estate assistant here. I'm not sure the mortgage brokers treat clients more as a number. The brokers I have dealt with seemed to see their clients very much as real people, not just a number. They also seem very helpful., and I have found them to be very personable. The lenders themselves have a very rigid stance on what they require-and I'm not sure they are all that personable to their clients. Mind you-I also don't think the borrowers have a whole lot to do with the lenders themselves. It's a very long-distance relationship. Now I do know for sure that most real estate assistants dislike working on broker mortgages-some lawyers charge extra for broker mortgages. Why? Because they are more work. I personally do not mind them-most of them. There is one-a bank that processes mortgages as a broker mortgage-that I absolutely loathe working on. Banks usually have a better interest rate, but sometimes a buyer can get a mortgage through a broker after the actual banks refused to lend any money to that buyer.