Skip to main content

Ten Most Exciting Reasons for Working With A Mortgage Broker

Ten Most Exciting Reasons For Working With A Mortgage Broker


  1. Get independent advice - The Canadian financial industry relies on a customer base that sticks to what is familiar and comfortable. If you are one of those customers, it is probably costing you money. The simple act of seeking independent, professional advice will put you one step ahead of the crowd.


  1. Cut through the noise - Much of the information that you rely on for your mortgage and business financing decisions and advice is sourced from one vendor or another. Your favourite media sources may be misinformed or out-of-date and you certainly do not want to rely on biased hearsay that you overheard at a social function that took place three months ago. Get your information from someone who is plugged into the fast-moving mortgage industry.


  1. It makes a difference - A full-time mortgage consultant spends long hours navigating a fast-moving market that you and your friends visit only on occasion. It is our pride and job to understand the range of options available to you and to recommend one choice or another, depending on what is best for you.  


  1.  Machine vs. person - The Canadian financial industry has a customer base that relies on household brand names. This means that the industry may skimp on the qualifications and experience of the people who meet with customers to assist with mortgages and other financial products. Mortgages are the largest financial obligations of your life. You would do well to discuss them with someone who has experience and expertise in this niche. 


  1. One-stop shopping - Depending on your situation, there may be dozens of options for you. Or there may only be one and finding it will be like finding a needle in a haystack. With your mortgage broker, you have someone to find the options for you and assist you with making the best decisions.


  1. Let’s make a deal - There is sometimes an element of going hat-in-hand and pleading when borrowing money. Or taking the entirely opposite tack of over-exaggerating our importance as a customer to multi-billion-dollar financial institutions. When you have an experienced mortgage broker negotiate on your behalf, the other side of the negotiation understands that if the rates and terms are not favourable to you, the broker will take your business elsewhere to one of the other many financial institutions that regularly solicit business from us.


  1. FREE! - Yes, that’s right. The typical mortgage broker client doesn’t pay. The lenders pay us for bringing them business. 


  1. Bargain Extravaganza - We regularly receive email blasts with all kinds of special, one-time, time-limited deals for our mortgage clients. When your mortgage is coming due, it pays to let us know and find out what kinds of deals are coming up this week.


  1.  Bespoke service - Your mortgage broker will tailor your application and documents for the particular lenders who will be interested in lending to you. Each lender has their own requirements and these requirements change regularly. This week, we learned of a sudden, unannounced change that will have an enormous negative impact on some borrowers who choose that financial institution. The handling of your application and documents can make a tremendous difference to your rate, terms and renewal.


  1. Ongoing support - Your mortgage broker is motivated to stay in touch with you, knowing that you are likely to need another mortgage, sometime over the next one to five year period. Unless you are very busy with property purchases and sales, there probably isn’t much reason to speak to your mortgage broker very often. But when you need help, you want us available and ready to answer your questions and discuss strategy with you.   


Jay Brennan

May 28, 2020




Popular posts from this blog

Donor-centred Fundraising?

The notion of “donor-centred fundraising” raises alarm bells. It seems to share ideological roots with corporations that proclaim they are ‘customer-centred’.1For example, Amazon.com’s highly-vaunted customer focus has been widely vilified for coming at the expense of other stakeholders, especially employees and suppliers.2 Corporations such as Walmart, Amazon, McDonald’s, and Uber with questionable records on caring for employees, suppliers, the environment, and communities use the language of ‘customer care’. For generations, non-profit sector employees have struggled with reasonable work hours, fair pay, benefits, job security, and opportunities for advancement. Does ‘donor-centred fundraising’ represents yet another assault on the non-profit worker? In a local example, an agency went all out upon the arrival of a $50,000 donation. (I think the donation was a portion of a real estate sales fee). There was a dinner, plaque, and public acclaim for the donor. Meanwhile, the agency did …

Russell Freedman's, Lincoln: A Photobiography

'Just completed a classic of American history for young people, Russell Freedman's, Lincoln: A Photobiography (HMH Books for Young Readers, 1989). Back in its day, the book won a coveted Newbery Medal.







For this Canadian, Freedman's book was an excellent and reliable introduction to President Abraham Lincoln's story. Insofar as I remember the general outline of Lincoln's public life, Freedman covers the bases in a dependable manner and includes an amazing series of archival photographs. The cover photo of a clean shaven Lincoln is fascinating. Apparently, Lincoln was the most photographed man of his time.

Perhaps the most striking thing about the book was its tone. Freedman manages to present Lincoln in a way that is appealing and upbeat while not sweeping away the darkness of his time and work or the depression in his personality and family.


The book sweeps through events and words of epic proportions - and helpfully includes a selection of Lincoln quot…

Mark Twain and Early Rising

“Give a man a reputation as an early riser and he can sleep 'til noon.”
― Mark Twain


Mark Twain lived in an era of self help books and ambitious go-getters. In protest, he wrote Early Rising, As Regards Excursions to the Cliff House, all about the perils and madness of early rising.

The writer of Tom Sawyer and Huck Finn, is of course, an authority on all
aspects of life and work. I wonder though if Mr. Twain too easily surrendered early morning to those hyper-productive worker bees who are annoying at the best of times, but unbearable in the early morning hours?
I used to be one of these. In my younger days, I remember occasionally calling a few wealthy investors with urgent news in the early morning hours. I would ask, "did I wake you?" Without fail, they would say "no" and sometimes, "no, I was looking forward to your call." Back then, the guys with the expensive houses and cars would never admit that they slept. 
Mark Twain might have known the secre…