Skip to main content
Date published
Post Categories First Time Home Buyers, Mortgage Renewals, Mortgage Tips

Why Working with a Mortgage Broker Matters in 2024

Post author

I believe that the role of a mortgage broker will forever remain crucial.  As we move further into 2024, potential homebuyers and homeowners face a complex landscape of mortgage options and changing market dynamics. 

Here’s why working with a mortgage broker matters more than ever this year.

Access to multiple lenders

A mortgage broker acts as a bridge between borrowers and a wide network of lenders. Instead of being limited to one bank or lender’s offerings, I can access multiple options, increasing your chances of finding the best loan terms for your situation.

This will always be one of the biggest and most important reasons to speak with a broker during the home buying process. So many people believe that you have to pay to use a broker and that is 100% false! I am paid by the lender and not by the client. 

Because of this reason, I am able to work hard finding you the best possible rate in the market. I don’t have to only offer you one bank’s rates, like your mortgage advisor at your personal bank would. Just consider me your personal shopper for mortgage rates! 

Customized loan options

Your financial situation and goals are unique, and so should be your mortgage. As a broker, I can tailor loan options to your specific needs. This could be because you’re a first-time homebuyer, or looking to refinance, have been working on your credit, or looking to buy a second property and rent out your first. 

There are so many unique reasons that I see come into my inbox every day! Since I have so much experience in unique cases, I am hopeful I will be able to find something that’s right for you.

Expert guidance

Navigating the mortgage process can be overwhelming. A mortgage broker like myself provides expert guidance and advice at every step, from pre-approval to closing. My in-depth knowledge of industry trends and regulations ensures you’re well-informed and confident in your decisions.

I’ve been a mortgage broker since September 1, 2011.  As a licensed broker, I have to redo my licensing every 2 years, which means I remain informed on mortgage guidelines and rules. 

Smiling headshot of Matthew Jackson, Mortgage Broker of Mortgage Okanagan, wearing a dark blue shit with grey dots

I’ve gotten people mortgages across Canada and have worked with my fair share of unique situations. With my expert guidance, you will feel cared for throughout the whole process. Don’t take my word for it, take the 100+ 5 star reviews on Google for it. Those are my clients who I’ve been able to help and make their home buying dream a reality. 

Time and effort savings

Finding the right mortgage can be time-consuming. A broker streamlines the process, doing the legwork to compare loans, rates, and terms across different lenders. 

This frees up your time and energy to focus on other aspects of your home buying journey like house hunting! 

Negotiation power

Brokers have established relationships with lenders and understand how to negotiate better terms on your behalf. This can lead to more favorable interest rates, potentially saving you money in the long run.

Market insights

In 2024, the housing market may continue to experience fluctuations due to economic and political factors.

I am constantly staying in the know of these trends and will offer insights on the best times to lock in rates, refinance, or buy and sell. There is a lot that goes into buying a new home and I am happy to provide you with my opinions and advice to help your situation along.

Streamlined paperwork

Mortgage applications involve a significant amount of paperwork and documentation. It’s easy to feel lost and overwhelmed with everything needed to be sent in and signed. I take all of this off your plate by assisting with organizing and submitting the required materials, removing the risk of delays or errors.

I will provide you with what documents and paperwork I need. If you need help securing the correct tax or employment documents, I am happy to help you along the process to ensure you receive the correct documents.

Once everything is in my hands, I take care of the application and the rest. 

Assistance with bettering your credit.

If you have credit challenges, I am able to provide guidance on how to improve your credit score. I can also recommend loan options that work with your current credit situation like private or B lender options. 

Bad credit doesn’t have to stop you from buying a home. We will work together on creating better credit habits to ensure that you will eventually qualify for a mortgage. 

Post-closing support

Just because you’ve successfully closed on a home, doesn’t mean my support goes away. I am able to be a resource for any questions or issues you encounter during the lifespan of your loan and beyond. 

When your loan is up for renewal, reach out to me and we’ll discuss your best options. Looking to refinance to pay off debt or do some renovations? That’s possible too! Consider me a tool in your home ownership toolbelt forever. 

Clients from 5-10 years ago are surprised when I remember who they are when they call me again. Once you’re a client of mine, you will always be a client of mine! I love working with repeat clients because it’s a joy to see the progress and changes in a client’s life and home.

Working with a mortgage broker – I am your advocate 

A mortgage broker serves as your advocate, ensuring that your interests are prioritized throughout the loan process. I can help you avoid potential pitfalls and guide you towards the best possible outcome.

Working with a mortgage broker in 2024 can make a significant difference in your home financing journey. With my expertise, access to multiple lenders, and personalized support, you can navigate the mortgage process with confidence and secure the best possible loan for your needs. Give me a call at 250-826-3111, apply on my website or contact me through my online contact form to start the process today.

Related resources

The Housing Market and You post thumbnail

The Housing Market and You

Date published
Post Categories Mortgage Tips
Read Article
Establishing and Maintaining Good Credit post thumbnail

Establishing and Maintaining Good Credit

Date published
Post Categories Mortgage Tips
Read Article
Missed Mortgage Payments and Mortgage Deferrals  post thumbnail

Missed Mortgage Payments and Mortgage Deferrals 

Date published
Post Categories Mortgage Tips
Read Article

Get Started

Let’s get your application off the ground.