Back To The Basics - MMC023

<p style="margin:0px;font-size:17px;line-height:normal;color:#000000;">This week we went back to the basics. The fundamental reasons why mortgage brokers exist, what their objectives are, and how Cannect is different from the others. Have a listen to the episode to get a good understanding.</p> <p style="margin:0px;font-size:17px;line-height:normal;min-height:20.3px;color:#000000;"> </p> <p style="margin:0px;font-size:17px;line-height:normal;color:#000000;">Ultimately, it always comes down to having someone in your corner when it’s time to renegotiating your mortgage terms. The misconception about mortgage brokers is that they are just a 3rd party that gets added to the transaction and their commissions come from your rate savings. Mortgage brokers get paid by the lender of your mortgage, not you. And if you don’t follow through with the deal, you don’t owe us anything! The unbiased advice our agents provide is free of charge. Our only objective is to make sure all of our borrowers are in the best mortgage suitable to their goals and needs. Never hesitate to give us a call to find out if their is a way your mortgage situation can be improved.</p> <p style="margin:0px;font-size:17px;line-height:normal;min-height:20.3px;color:#000000;"> 0:00 - Intro</p> <p style="margin:0px;font-size:17px;line-height:normal;color:#000000;">5:32 - What is a mortgage broker?</p> <p style="margin:0px;font-size:17px;line-height:normal;color:#000000;">6:47 - A Bank of Canada report from 2006 shows the true benefits of using a broker.</p> <p style="margin:0px;font-size:17px;line-height:normal;color:#000000;">11:47 - Caller question regarding the refinance of a commercial mortgage.</p> <p style="margin:0px;font-size:17px;line-height:normal;color:#000000;">17:39 - Marcus and Justin discusses why and how banks may not have your best interests at heart.</p> <p style="margin:0px;font-size:17px;line-height:normal;color:#000000;">21:41 - Justin explains to a caller how going to a mortgage broker is the best way to get free, unbiased adv