todd's Blog

us loans 4 canadians --- foreclosure property in usa

todd taylor (ttaylorconsulting.com) — Sat, 05 Jan 2008 07:15:26 -0600

Upcoming Seminars

Check out Video! http://brokerworld.ca/index.php?p=156

You are cordially invited to attend a free information seminar on purchasing property in USA. Learn why the experts are saying it has never been a better time to live the dream. Canadian $ is at par Soft U.S. market means LOW housing prices and a HIGH inventory Flexible financing programs are available How to work with your Canadian Mortgage Broker and Realtor to streamline the transaction Learn why USA has become the premier destination for Canadians looking for the perfect place to retire or escape from winter. It has the ideal balance between climate, lifestyle and beauty. This seminar, conducted by Canadians, will provide you with everything you need to know. The best places to live and the best investment opportunities Free tax-planning tips How to navigate the purchase process Spaces are Limited. Register Today! Toronto, Ontario - January 2008 Times & Date to be announced. Vancouver, British Columbia - January 2008 Times & Date to be announced.

CALL TOM TODAY AT 1-866-983-7243

todd 778-240-9812

Brent McElwee is well respected throughout the mortgage banking industry

todd taylor (ttaylorconsulting.com) — Sat, 05 Jan 2008 06:56:02 -0600

Brent McElwee

Brent McElwee is well respected throughout the mortgage banking industry.
In a role as President of American Home Loans since 1990, he built one of the largest banking retail/wholesale operations in the United States. With over 4000 employees and 460 offices through-out the country, AHL became a household name. McElwee is highly respected with Wall Street, having delivered Billions in loans to all of the major firms.
Service and reliability are key to a successful organization. Having the right people around him, who can easily explain every situation, is mandatory. If everyone goes out of their way to make sure that every customer has a good understanding of every step of their home purchase and loan transaction, then everyone is happy. McElwee surrounds himself with well trained and qualified professionals, which leads to satisfied refereed customers. The only way to build a large company is on positive referral business.

Contact Brent at 1-866-983-7243

Robert Dymont National mortgage recruiter Canada

todd taylor (ttaylorconsulting.com) — Sun, 23 Dec 2007 20:25:04 -0600

Happy Holidays Everyone from BrokerWorld.ca

December 19th, 2007 - Todays current mortgage interest rates, video news

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Never a Better Time to be a Mortgage Broker ask Robert Dymont

December 24th, 2007 - Uncategorized, video newsRobert Dymont, past CEO and president of Realty World and international consultant to realty and mortgage companies talks about the opportunity that exists in the market for aspiring and experienced mortgage brokers to step up to the next level and give their career a significant lift

us loans for canadians

todd taylor (ttaylorconsulting.com) — Wed, 19 Dec 2007 18:55:14 -0600

Upcoming Seminars

You are cordially invited to attend a free information seminar on purchasing property in USA. Learn why the experts are saying it has never been a better time to live the dream.

Canadian $ is at par
Soft U.S. market means LOW housing prices and a HIGH inventory
Flexible financing programs are available
How to work with your Canadian Mortgage Broker and Realtor to streamline the transaction
Learn why USA has become the premier destination for Canadians looking for the perfect place to retire or escape from winter. It has the ideal balance between climate, lifestyle and beauty. This seminar, conducted by Canadians, will provide you with everything you need to know.

The best places to live and the best investment opportunities
Free tax-planning tips
How to navigate the purchase process
Spaces are Limited. Register Today!
Toronto, Ontario - January 2008
Times & Date to be announced.

Vancouver, British Columbia - January 2008
Times & Date to be announced.

us loans 4 canadians

todd taylor (ttaylorconsulting.com) — Wed, 19 Dec 2007 18:53:46 -0600

Loan Programs for Canadians and Other Foreign Nationals

Did you know that with a 10% down payment, you can qualify for a mortgage? There is no need to have a U.S. Social Security Number to apply for financing.
We can also use a solid credit standing in Canada to help you get an even better rate.
We are also licensed to finance properties in all 50 states, also other foreign lands Costa Rica
There are several flexible loan programs available for foreign nationals. Let's talk about the one that is right for you.

Call todd taylor 778-240-9812 or 716-898-8110

us loans 4 canadians

todd taylor (ttaylorconsulting.com) — Wed, 19 Dec 2007 18:53:28 -0600

Loan Programs for Canadians and Other Foreign Nationals

Call todd taylor 778-240-9812 or 716-898-8110

us loans 4 canadians

todd taylor (ttaylorconsulting.com) — Wed, 19 Dec 2007 18:52:56 -0600

Loan Programs for Canadians and Other Foreign Nationals

Call todd taylor 778-240-9812 or 716-898-8110

tat

todd taylor (ttaylorconsulting.com) — Mon, 22 Oct 2007 04:04:43 -0500

Technorati Profile

tat

todd taylor (ttaylorconsulting.com) — Mon, 22 Oct 2007 03:16:46 -0500

TODD A TAYLOR MY CREDENTIALS 1987 Regents Graduate Williamsville South High School 1988 Varsity Letterman Mercyhurst College Div 1 Independent 1993 Graduated Canisius College BS Finance 1993-1995 Northeastern Appraisals Lic Res Appraisal Assistant 1995 Sanders Home Inspection – Home Inspector 1995 Alliance Mortgage – Junior Loan Officer 1995-1997 Household Finance –Senior Account Executive – Top Producer 1997 Green Tree Financial – Senior Mortgage Originator – Top Producer 1997-1998 Ameriquest Mortgage – Branch Manager 1998-1999 American Equity Services – Mortgage Broker 1999-2002 American Home Loans – Owned and Operated one of the New York’s most successful Mortgage Banker and Broker shops west of the Hudson Based on 1999 ranked in Business First Magazine as one of the top 25 Mortgage bankers and Brokers in WNY Based on 2000 ranked in Business First Magazine as one of the top 20 Mortgage bankers and Brokers in WNY Based on 2001 ranked in Business First Magazine as one of the top 15 Mortgage bankers and Brokers in WNY Based on 2002 ranked in Business First Magazine as one of the top 10 Mortgage bankers and Brokers in WNY 2002 Owned Jamestown Capital Mortgage Brokers 2002 Worked collectively with American Express on their ORE program 2002-2004 Novastar Home Mortgage – Owned and Operated one of the New York’s most successful Mortgage Banker and Broker shops west of the Hudson Based on 2003 ranked in Business First Magazine as one of the top 9 Mortgage bankers and Brokers in WNY 2003 served as a consultant working on a joint venture with Lendingtree 2003 Owned National Commercial Funding Authorities Based on 2004 ranked as one of Novastar’s top ten branches in production 2002-2005 Owned a title company 2004 Started an Internet Lead Generation System –EZLOANZ.US 2004 Worked with NCO Group on debt consolidation through refinancing 2005 Sold all his shares both in his mortgage company and title company to pursue other interests. 2005 Founded TTAYLORCONSULTING - consulted individually with Realtors, Collectors, and Loan Officers to increase personal revenue. 2005 Worked as a consultant with Gerson Lehrman Group advisory council 2006 Realtor Pilot Program - Lead Generation System for Realtors 2006 Debt Buying Program - Lead Generation System for Loan Officers 2007 Scottsdale,Arizona - JSSmith Mortgage LLC 2007 Relocated to Vancouver,BC 2007 Projects Canadian Mortgage Reports Brokeroutpost.ca Consumer Mortgage Reports – Todd Taylor 778-240-9812 ttaylor19@gmail.com Technorati Profile

canadian mortgage news tat

todd taylor (ttaylorconsulting.com) — Mon, 22 Oct 2007 03:14:26 -0500

<a href="http://technorati.com/claim/ne7t2tdwhf" rel="me">Technorati Profile</a>

TODD A TAYLOR

MY CREDENTIALS

1987 Regents Graduate Williamsville South High School

1988 Varsity Letterman Mercyhurst College Div 1 Independent

1993 Graduated Canisius College BS Finance

1993-1995 Northeastern Appraisals Lic Res Appraisal Assistant

1995 Sanders Home Inspection - Home Inspector

1995 Alliance Mortgage - Junior Loan Officer

1995-1997 Household Finance -Senior Account Executive - Top Producer

1997 Green Tree Financial - Senior Mortgage Originator - Top Producer

1997-1998 Ameriquest Mortgage - Branch Manager

1998-1999 American Equity Services - Mortgage Broker

1999-2002 American Home Loans - Owned and Operated one of the New York's most successful Mortgage Banker and Broker

shops west of the Hudson

canadian mortgage news

todd taylor (ttaylorconsulting.com) — Mon, 22 Oct 2007 02:54:54 -0500

Against Toronto's Land Transfer Tax
October 22nd, 2007 | Uncategorized

Canadian Mortgage Trends wrote an interesting post today " Against Toronto's Land Transfer Tax " here is a quick excerpt from that :
Against Toronto's Land Transfer Tax
Toronto votes on whether to implement its unpopular land transfer tax tomorrow.

If passed, it would take effect January 1, 2008 and impose up to 2% more tax on sales of property in Toronto.

The Independent Mortgage Brokers Association of Ontario feels it's a terrible idea, and has issued this open letter to Mayor David Miller.

************************************************************************

Dear Mayor Miller,

On behalf of the 1,700 Members of the Independent Mortgage Brokers Association of Ontario (IMBA), I am writing to urge you and the Members of Toronto City Council not to proceed with the proposed Toronto Land Transfer Tax.

In our view, the proposed tax is unfair and short-sighted.

IMBA believes the proposed tax is unfair because:

It distorts the real estate marketplace and puts property owners in the City of Toronto at a disadvantage compared to their counterparts in surrounding municipalities.
It adds a substantial cost for homebuyers who are already burdened with the existing provincial land transfer tax.
It discriminates against homebuyers who will be paying a second land transfer tax for city services, which are available to all residents.
IMBA believes the proposed tax is short-sighted because:

It uses an arbitrary tax to address a budgetary shortfall when the City of Toronto should first be bringing spending under tighter control.
It is an inequitable tax burden that will drive growth from the City of Toronto to surrounding municipalities resulting in more urban sprawl and pollution.
It proposes to double tax one segment of the population when the City of Toronto should be working with the governments of Canada and Ontario to find a long-term sustainable revenue sharing formula. (The federal and provincial governments already collect enough taxes, but they must ensure that the City of Toronto receives an appropriate share of that tax money. A vibrant Toronto is essential to a vibrant Canada and Ontario.)
We strongly urge you and the Members of City Council to reject the proposed Toronto Land Transfer Tax, in favour of addressing the issues of overspending and adequate revenue sharing with the federal and provincial governments.

Yours sincerely,

Shane Suepaul
President
Independent Mortgage Brokers Association of Ontario

2586 174th st surrey bc

todd taylor (ttaylorconsulting.com) — Thu, 18 Oct 2007 00:00:34 -0500

Featured Property by Michael B Ireland of RE/MAX

October 18th, 2007 - Uncategorized

Real Estate Type : Single Family

Building Type : House

Bedrooms : 4

Bathrooms : 3

Interior Floor Space : 3455 sqft

Storeys : 2

Built in : 1993

Land Size : 1.03 ac

Ownership : Freehold

Location : 2586 174TH ST
Surrey, BC V3S 0A4

Michael B Ireland

Telephone: 604-541-4888

Email REALTOR®

RE/MAX Colonial Pacific Realty

15414 - 24 Avenue
White Rock, British Columbia V4A 2J3

Telephone: 604-541-4888

Fax: 604-531-6800

Email Office

Office Website

General Description
Parklike 1 acre subdividable estate - enjoy full acre of subdivide in the futureto build second home on 1/2 acre lot! Outstanding quality in the magnificent 4bedrooms and den english manor home. Extensive use of brick on the exterior. Beautiful hardwood floors in foyer through to fabulous kitchen with huge island, also featuring subzero fridge, gas cooktop, Corian counters, 3 fireplaces. Master bedroom on main with fireplace and a huge 5 pc ensuite, 2×6 construction, underground sprinklers. 1 blk from new school. A pleasure to show!

www.consumermortgagereports.ca

CANADIAN MORTGAGE RATES OCTOBER 16TH

todd taylor (ttaylorconsulting.com) — Wed, 17 Oct 2007 22:09:02 -0500

Canadian Mortgage Reports

Canadian Mortgage Rates Today Oct. 16th

October 16th, 2007 - test category

test

Mortgages: Closed, variable to 5 years
Financial Institution	Term
Financial Institution	Variable	6 Months	1 Year	2 Years	3 Years	4 Years	5 Years
AGF Trust	-	7.400	7.400	7.400	7.400	7.400	7.300
AMA Financial	5.750	-	6.440	6.060	5.910	5.840	5.760
ATB Financial	5.650	6.850	7.150	7.400	7.400	7.400	6.430
Alterna Bank	-	6.600	6.900	7.150	6.400	6.400	6.190
Alterna Savings	-	6.600	6.900	7.150	6.400	6.400	6.190
Bank Montreal Mtg. Corp.	5.797	6.850	7.250	7.400	7.400	7.400	7.440
Bank of Nova Scotia	5.500	6.800	7.200	7.400	7.400	7.400	7.440
Bridgewater Bank	5.800	-	6.490	6.110	6.010	-	5.860
CIBC Mortgages	5.880	6.750	7.250	7.400	7.400	7.400	7.440
Caisses Desjardins	-	6.850	7.050	7.300	7.400	7.400	7.400
Canadian Tire Bank	5.350	-	5.600	5.650	5.700	5.850	5.790

About eRenovate

todd taylor (ttaylorconsulting.com) — Tue, 16 Oct 2007 01:52:39 -0500

About eRenovate.com

Focused on Homeowners eRenovate.com is Canada's most trusted and comprehensive source of home renovation answers. As the first online community built by homeowners for homeowners, eRenovate.com is filled with user-friendly tools, services and inspiration to help homeowners make better home renovation decisions.
By providing the latest ideas and inspiration, personalized expert advice and screened trades people under the Verified by eRenovate^TM mark, eRenovate.com protects homeowners from making bad renovation decisions.Best of all, joining eRenovate.com is absolutely FREE! Learn more about our Homeowner Services.

Founded in Frustration Founded in 2004 by Tom Cordeiro, eRenovate.com was born out of a bad experience he had when he hired a replacement window installer out of the Yellow Pages^TM.Like many other Canadian homeowners, Tom thought a skilled trades-person listed in the Yellow Pages^TM would be both reputable and capable. Boy was he wrong! Not only did he overpay for the windows, but they were also poorly installed. Now he had a pretty serious draft and a contractor that would not return his calls and eventually had to hire another contractor to fix the problem. Sound familiar? "How Not to Get Nailed" with Mike Holmes [view CBC video] was one of the most popular episodes of CBC Marketplace in 2007. It revealed that Tom's bad experience is all too common and that the risk of getting "nailed" by disreputable contractors is very high. eRenovate.com is therefore, the smartest way for homeowners to reduce their risk and to avoid getting "nailed" in their next home improvement project. The eRenovate Difference There are numerous web sites that service the home improvement industry; however the vast majority focus on generating sales leads for contractors and ignore the needs of homeowners. eRenovate.com is unique because it the only company committed to educating homeowners on the challenges of renovating, before they start. eRenovate.com is a proud member of the Canadian Home Builders Association and the National Association of Home Builders [USA]. eRenovate.com practices the highest standards for user privacy protection and data security and has been authenticated as an SSL Secured site by Comodo. The eRenovate PromiseeRenovate does: Offer homeowners free access to home remodeling articles, services and online tools Provide homeowners with a convenient renovation quotation system to receive multiple contractor responses in complete privacy Have the largest online library of home improvement articles Give the Verified by eRenovate^TM seal only to contractors that have met our strict standards eRenovate does not: Promote one tradesperson over another with Pay-for-Placement advertising like other review and directory type web sites Share or sell any of your personal information with any Third Party, unlike similar sites from the United States Send unsolicited emails to any of its members

THE MORTGAGE MARKETING COACH

todd taylor (ttaylorconsulting.com) — Tue, 16 Oct 2007 01:43:18 -0500

Doren Aldana, the Mortgage Marketing Coach"

Considered by many to be the nation's leading mortgage marketing coach, Doren Aldana is the founder of several highly acclaimed training programs, including the "Mortgage Superstar Coaching Program", "Autopilot Referral Systems" and "Meetings with Mortgage Masters". He is a contributing author for The Mortgage Journal, MBABC Magazine, AMBA Magazine, Canadian Mortgage Professional, Mortgage Ledger and has trained thousands of mortgage professionals how to utilize his marketing secrets to create a predictable stream of new business... regardless of market conditions! Doren is also the author of the "21 Secrets of Superstar Mortgage Brokers and Loan Officers.

Doren counts himself very blessed and fortunate to have discovered one of his life's greatest passions: MARKETING! He absolutely loves the art and science of marketing. To Doren it's fun! Very fun! And because of that natural inborn passion he has become an absolute piranha for marketing education. He has invested tens of thousands of dollars and hundreds of hours studying the secrets of some of the world's top marketing experts like Dan Kennedy, Jay Abraham, Alex Mandossian, David Frey, Ted Nicholas, John Reese, the list goes on and on.

Doren's products and services are founded upon the timeless principles of emotional direct response marketing, niche marketing, and harness the unparalleled power of education to magnetically attract clients to you without having to give a sales pitch.

Doren has individually trained and coached hundreds of mortgage brokers and loan officers. He has given his dynamic content-rich seminars and teleseminars to thousands across the country. His client list includes some of the largest mortgage firms across the nation, as well as several mortgage associations. He has been quoted in the media from coast-to-coast.

At the very core of Doren's life is his faith in God. It is the cornerstone of his beliefs, actions and decisions. On October 19th, 1997 he made a personal decision to dedicate his life to Jesus Christ. That decision was the single most important decision he has ever made and has allowed him to find clarity of purpose and true meaning in daily life.

Doren's faith in God has become the guiding force behind all of his relationships, including his interactions with clients and employees. His hope is that by seeking God's direction in every day business interactions, whether speaking to a group, coaching a client, or training an employee, he can inspire people to live an abundant life filled with purpose and meaning.

mortgagebrokers.com recruits additional mortgage originators

todd taylor (ttaylorconsulting.com) — Mon, 15 Oct 2007 20:47:42 -0500

Mortgagebrokers.com Recruits Additional Mortgage Origination Professionals, Expanding Network throughout Canada

October 15, 2007: 08:00 AM EST

TORONTO, Oct. 15 /PRNewswire-FirstCall/ - MortgageBrokers.com Financial Group of Companies Inc., a subsidiary of MortgageBrokers.com Holdings Inc. , announced that it has signed agreements with an additional mortgage and loan professionals, representing the potential of over $400 million in supplemental mortgage originations. The Company now has additional or new representation in Province of Alberta, Ontario, Atlantic Canada and in cities such as Toronto, Calgary, Mississauga, Ottawa, Windsor, Kitchener, London, Stanley, Kettleby and Seaforth.

Voula Delinis-Rizakos, Giacomo (Jack) Fiorillo,, John (chi sam) Phung, Serhad Caner, Kitty Cheong, Hong Chi Chang, Mina Eslah, Kok Yew (William) Chong, Joyce (Qing) Li , Yuan (Chriss) Liang, Julie-Ann Salena Nasiri, Wendy Goodsir, Darryl Brigham, Albert Batuyong, Brenda Bowen are the latest additions to MortgageBrokers.com fast growing national Sales Force.

Alex Haditaghi, CEO of Mortgagebrokers.com commented: "As we have previously stated, our objective is to have a minimum of 400 mortgage brokers representing the Mortgagebrokers.com flagship by year end 2007. With the addition of these Mortgage professionals, we clearly are well on our way to achieving that goal."

ABOUT MORTGAGEBROKERS.COM

MortgageBrokers.com is a mortgage brand and technology firm. The Company is dedicated to re-branding the over 40,000 small and medium mortgage broker (SME) firms in North America while providing these entities scalability through a centralized shared services platform. MortgageBrokers.com is designed to facilitate continued ownership for these SME brokers while they work under the umbrella of one globally recognized brand. The Company provides centralized services in the areas of payroll and accounting, compliance, marketing, technology, HR and lead generation to afford its brokers improved access to potential customers through strategic alliances and partnerships. MortgageBrokers.com also provides its national team the opportunity to leverage origination with lending institutions, establish higher referral fees from lenders, and give its team members the ability to earn ownership in a publicly-traded entity with the goal of an eventual career exit strategy.

Unlike the US mortgage market which is facing challenges on several fronts, Mortgagebrokers.com has no exposure to the sub-prime markets as they do not underwrite, service or fund any type of mortgage, rather they facilitate and coordinate residential transactions between buyers and lenders.

Cautionary Note Regarding Forward-Looking Statements

Statements included in this press release, which are not historical in nature, are intended to be, and are hereby identified as ‘Forward-Looking Statements' for purposes of safe harbor provided by Section 21E of the Securities Exchange Act of 1934, as amended. Forward-Looking Statements may be identified by words including ‘anticipate,' ‘await,' ‘envision,' ‘foresee,' ‘aim at,' ‘plans,' ‘believe,' ‘intends,' ‘estimates,' ‘expects' and ‘projects' including without limitation, those relating to the company's future business prospects, and are subject to certain risks and uncertainties that could cause actual results to differ materially from those indicated in the Forward-Looking Statements. Readers are directed to the company's filings with the U.S. Securities and Exchange Commission for additional information and a presentation of the risks and uncertainties that may affect the company's business and results of operations. www.sec.gov.

Mortgage Brokers in Canada

todd taylor (ttaylorconsulting.com) — Fri, 12 Oct 2007 22:41:40 -0500

Mortgage Broker in Canada

Mortgage brokers are Licensed Financial Professionals that conduct research on mortgage programmes or products available on the market and guide and advise borrowers in their search for the best mortgage that suits their individual needs.

In British Columbia Canada, the Ministry of Finance Corporate Relations regulates the mortgage broker industry and licenses all British Columbia mortgage brokers. A mortgage broker is very much like the Real Estate Agent or Broker. They have to attend financing courses and have to pass exams imposed by their provincial jurisdiction. Mortgage brokers act as an intermediary between lenders and borrowers, bringing them together and in the process finding the best possible mortgage for the borrowers.

There are many advantages to deal with a mortgage broker:

Mortgage brokers can negotiate rates on your behalf with a large number of lenders concurrently. Sometimes they play one lender against another lender to your benefit. Lenders include Banks, Credit Union, Trust Company, Private Mortgage Company, Individual lenders.

You only need to fill one application form. The mortgage broker will use this standard application to approach as many lenders as are necessary to get your mortgage approved. If you have to do it on your own, you will have to visit many lenders across the city and fill many application forms.

You do not pay any fee to the mortgage broker. They works for you for free and get paid by the lenders. Only in rare cases you may have to pay a fee and the mortgage broker must advise you upfront.

In Canada lenders pay the mortgage broker a fee irrespective of what interest rates are offered; so the mortgage broker has no incentive to offer you a bad rate. They are better off offering the lowest possible mortgage rate and close a deal. Only when a deal is closed that a fee is paid by the lending institution.

The mortgage broker will check your credit rating only once. If you deal directly with many lenders, each lender will check your credit status separately, and this multiple credit checks may adversely affect your credit score.

Mortgage Brokers have to abide by the guidelines and ethical directions of the Canadian Mortgage Broker Associations such as:

Mortgage Brokers Association of British Columbia (MBABC)

Canadian Institute of Mortgage Brokers and Lenders (CIMBL)

So the next time you are looking for a mortgage by all means feel free and comfortable to consult a mortgage broker. You may be surprised how helpful they are! There are many instances where a mortgage broker will find a lender where the borrower has been turned down by the bank.

MORTGAGE BROKERS CANADA'S FUTURE

todd taylor (ttaylorconsulting.com) — Fri, 12 Oct 2007 01:22:23 -0500

Mortgage Brokers Are Canada’s Future Millions of homeowners and new purchasers are seeking the best rate mortgages each year and more and more are finding the new trend of using Mortgage Brokers to be a very effective solution rather than using the traditional lenders such as the Chartered Banks or Credit Unions. This reversal in trend has become the norm in the United States with more than 85 percent of all residential and commercial mortgages being booked and processed through a Mortgage Broker. Securing the best rate has been the primary focus of most people looking for mortgages but several other factors are making the choice to use a Mortgage Broker simple. Most Mortgage Brokers send millions of dollars of mortgage business each year to their preferred lenders, as opposed to the average homeowners that seek or renew their mortgage on average of once every five years. The Chartered Banks give tremendous discounts to these Brokers due to the volume of business these Mortgage Brokers bring to them. The two largest misconceptions that the Canadian public has are that “it costs you more money to use a Mortgage Broker” or “they are only for people with poor credit”. The Canadian Mortgage Industry is following their U.S. counterpart and launching a vigorous campaign aimed at educating the public to the key advantages of using a Mortgage Broker, and the tremendous savings that typically result. Most new Mortgages booked through a Mortgage Broker are absolutely free and have no hidden costs when purchasing a new home. The convenience of dealing with a Mortgage Broker is equally as important as the rate, and in fact may be directly responsible for securing a better rate. When the average consumer seeks a Mortgage they may visit or call multiple lenders in an effort to secure the best rate. Each time one of these lenders pulls a credit bureau on the borrower in an effort to qualify them, the borrowers Beacon score drops. The Beacon score is a system used by the Chartered Banks and Credit Unions to score the credit worthiness of potential borrowers. In some cases, multiple inquiries may actually drop a qualified applicant below the required scoring threshold to qualify for the exact Mortgage that the borrower is simply pursuing the best rate for. A Mortgage Broker only performs one inquiry on your credit bureau and sends that bureau to as many as ninety lenders when searching for the best rate. Another convenient benefit is that a Mortgage Broker can meet you on your schedule at a place of convenience, or in many cases can perform almost the complete transaction over the phone or via email. Most consumers dread the visit to their local bank and find banker hours and voice mail too limiting and restricting for today’s busy household schedules. The best rate, improved credit, convenience of meeting on your schedule, and having multiple banks compete for your business is a refreshing change when seeking a new mortgage or renewing your existing one. It will only be a matter of time before the Canadian public wakes up and realizes the huge advantage Mortgage Brokers offer, like our U.S. counterparts have known for several years. For more information, please email: ttaylor19@gmail.com