Sentences with phrase «independent mortgage brokers»
Your bank or credit union may have a mortgage broker, but you can also find independent mortgage brokers that will help you find good loans.
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Last month, the bank said it will stop funding loans originated and sold by independent mortgage brokers.
This has increased competition among lenders (bank branches, mobile mortgage specialists, independent mortgage brokers, and online sources) which in turn will result in more customer - friendly service, increased product offerings and convenience for Canadians seeking a mortgage.
In a joint statement, the Chairmen of the Alberta Mortgage Brokers Association, the Canadian Association of Accredited Mortgage Professionals, the Independent Mortgage Brokers Association of Ontario and the Mortgage Brokers Association of B.C. said: «While real estate fraud is still quite rare, it can have a significant impact on those who are affected by it.
Albert Collu, a past - president of the Independent Mortgage Brokers Association, founded Argentum in 2009.
Managed by experienced mortgage lending executives and real estate developers, Veristone has the experience needed to serve independent mortgage brokers and other professionals seeking fast and reliable bridge financing.
«We know that independent mortgage brokers» share of the mortgage origination market dropped significantly following the economic downturn, falling from a 15 - year average of 22 percent — with a high of 35 percent in 2006 — to 10 percent in 2015.
The Independent Mortgage Brokers Association of Ontario (IMBA) has named Joe Rosati as executive director
Bank of America, Detroit • MI 2008 — 2010 Account Executive — Business Development and Sales Spearheaded the management of new accounts and cultivated existing relationships with Independent Mortgage Brokers and third party corporations.
But I can tell you the result is that independent mortgage brokers — most of them — were forced out of business.
As Independent Mortgage Brokers, we work for our clients, not the banks!
Independent mortgage brokers are licensed mortgage specialists who have access to multiple lenders and mortgage rates.
In practice, you can imagine that a lot of lenders will want to dump independent mortgage brokers to bring the business in - house.
Get independent advice on your financial option As Independent Mortgage Brokers and Mortgage Associates, we're not tied to any one lender or range of products.
A wholesale mortgage lender is distinct because it works with independent mortgage brokers, who are client - facing.
Street Capital sources its mortgages primarily through its network of high - quality independent mortgage brokers.
Independent mortgage brokers, some online lenders and smaller banks might give you the one - on - one attention you need to qualify for a loan if you're using rental or utility payments as proof of creditworthiness.
«They work with independent mortgage brokers and, quite often, offer more competitive rates,» says Garganis.
Romana King on whether there's room for independent mortgage brokers in today's marketplace and how homeowners may affected.
The most competitive lenders — typically those that work with independent mortgage brokers and specialize in mortgage lending — raised their rates by 0.15 % to 0.25 %, while some major banks increased their variable rates by as much as 0.25 %.
Independent mortgage brokers have access to, and knowledge of, the entire mortgage market.
«It's a bit overstated,» says RateSpy.com founder and independent mortgage broker, Robert McLister, but the fact remains: lenders have tightened the discount new borrowers can expect on variable - rate mortgages.
«The vast majority of mortgage lenders, from the big banks to the non-bank lenders, such as Street Capital, MCAP and First National, are letting people defer mortgage payments or allowing homeowners to re-amortize their payments,» explains Robert McLister, an independent mortgage broker and founder of RateSpy.com.
It means you can no longer find a 2.39 % five - year variable rates, says Jake Abramowicz, an independent mortgage broker.
«These are jarring numbers,» says Robert McLister, an independent mortgage broker and founder of Ratespy.com.
«Those buyers with only 5 % down payment saved will focus on homes under $ 500,000 and in the larger cities, such as Vancouver and Toronto, these segment is dominated by condos,» explains independent mortgage broker Jake Abramowicz.
«Pre-approvals aren't profitable,» explains Robert McLister, an independent mortgage broker and founder of RateSpy.com.
According to RateSpy.com founder and independent mortgage broker Robert McLister, government policy - makers are considering a graduated minimum down payment threshold based on either the home value or the mortgage amount.
Rather than qualifying for the higher, posted rate, these buyers could qualify for the loan based on the much lower discounted rates, explained Calum Ross, a Toronto - based independent mortgage broker, who works with high net worth clients as a dually licensed wealth advisor (with his MBA) and mortgage broker.
Consult with an independent mortgage broker to review your financing needs for all of your properties and to set a plan well in advance of any mortgage renewal.
United Kingdom About Blog Fox Davidson is an independent mortgage broker in Bristol.
May 2002 — The finance unit of General Motors takes over Canada's largest independent mortgage broker, Mortgage Intelligence.
Vantage Mortgage Group is a nationally recognized, locally owned independent mortgage broker in Portland, serving Oregon and Washington consumers.
Not exact matches
CWT offers self - directed registered accounts and investment account services to independent financial advisors, mortgage brokers and individuals.
RMG Mortgages is focused on providing residential mortgages and mortgage servicing products through independentMortgages is focused on providing residential mortgages and mortgage servicing products through independentmortgages and mortgage servicing products through independent brokers.
Immediately there were cries of a «lost mortgage advocate» and many, including a few independent brokers, considered it a first step in the decline of the independent broker.
Wells Fargo spokeswoman Vickee Adams said the problematic FHA loans turned up as the bank reviewed operations at two mortgage channels it has closed down: a subprime lending arm, Wells Fargo Financial, and a wholesale arm that made loans through independent brokers.
Banks, Brokers, or independent Mortgage Companies (like us).
Rapid Rescore is a service offered by independent credit reporting firms directly to a lender, loan officer or mortgage broker.
RateSupermarket.ca is an independent, impartial resource that is not affiliated with any mortgage lender or broker.
In order to best meet a consumer's needs, mortgage brokers have a wide array of products from which to choose — mortgage banks, private sources, independent lenders, etc..
RMG Mortgages, a division of national independent lender MCAP Corp., recently sent an email to brokers in Ontario encouraging them to close deals with clients with low credit scores.
«While mortgage brokers will continue to be able to originate FHA - insured loans through their relationships with approved lenders, they will no longer receive independent FHA eligibility approval.
«Mortgage life insurance insures the wrong thing,» explains Glenn Cooke, an independent broker who runs LifeInsuranceCanada.com.
«Basically, you want enough coverage to meet your living expenses — meaning mortgage payments, taxes, hydro, food and transportation costs,» says Lorne Marr, an independent insurance broker and founder of LSM Insurance Services in Markham, Ont.
«List all your basic expenses for the year, including mortgage payments, utilities, food, rent and transportation,» says Lorne Marr, an independent insurance broker and director of business development for LSM Inc. of Markham, Ont.
Our independent brokers are on your side, offering unbiased advice and mortgage solutions that are tailor made for you.
Keep in mind, that mortgage agents work solely for the bank that employ them, while brokers are independent and represent a number of different lenders.
Allan Reece Associates is a FCA authorised and registered firm of Independent Financial Advisers and Mortgage and Credit Brokers.
Make sure the would - be guarantor takes independent legal advice and talks to a mortgage broker before they agree to anything.