Using a Mortgage Agent.

At Smart Hub Financial we are often questioned as to why people should use a Mortgage agent. Mortgage Agents do not work for any specific lending institution and typically do not lend money but rather put you in touch with those who do. We are aware of private lenders that you may not be able to find on your own. It’s our role to find the lender with the terms and rates that best suit your needs. Sometimes it’s easier to determine if a Mortgage Agent is right for you by exploring services available when you work with an agent instead of going directly to a Financial institution.

Mortgage Agent

• Access to numerous lenders and products.
• Exclusive Mortgage Agent Products available.
• Morgage Agents work with your best interests in mind.
• Work 7 days a week with extended hours.
• Instant access to new programs.
• Options! We find a lender to fit your unique needs and requirements.
• Even though you will have access to many lenders, your credit report will only be requested once.
• You get the best rate you qualify for.
• Mortgage Agents build long term relationships with clients and lenders
• We can travel to you.

In summary, there are a lot of great reasons to consider meeting with a Mortgage Agent to discuss your options. Contact an Smart Hub Financial Agent to set up a meeting to discuss your options today.

Refinancing

Deciding to refinance a mortgage is a big financial decision and it takes more than the decrease in interest rates to urge you to avail of another loan. You must understand your options and the considerations that go with each alternative. What is refinancing? Refinancing your mortgage means that you will go into an agreement of a new loan to pay the existing one. This represents a new loan, with new terms and possibly a new lender. The terms can be shorter or longer, and sometimes, the interest is low enough that the terms may not need any changes at all. There are a variety of options available to help you make the right mortgage decision and in turn, save your money.

Mortgage Renewal Process

It’s Time to Renew. Have an Smart Hub Mortgage Agent give you a Financial Check-up instead! A renewal is like a fresh start, so don’t get caught by the lenders. A renewal may not be the answer! A refinance for a fresh start may be what is best. When a term is coming to a close, most Canadian lenders will send a mortgage renewal notice in the mail a few months before the term is up. At this time the lenders tend to assume that you will sign on with them for another term at their posted rate with very little or no discount. Over half of the public will sign this renewal without researching what the competition has to offer. At Smart Hub Financial we are here to offer you the expertise and resources so you can take advantage of the competitive mortgage market. Renewals are easy to complete and can expand your financial options:

• Flexible terms and pre-payment options
• Mortgage Planning/Wealth Planning
• Achieving your current goals
• Accommodating for the future

Mortgage Insurers

Canadian Mortgage and Housing Corporation (CMHC) For over 65 years, CMHC has helped millions of Canadians meet their housing needs. CMHC is there with you every step of the way — with information before, during and after your home purchase. There are a variety of options available to help you make the right mortgage decision and in turn, save your money. Canadian Mortgage and Housing Corporation (CMHC) Canada Guaranty works harder to earn your business. Through common-sense underwriting and a dedication to customer service excellence, we offer more solutions and tools for lenders and mortgage agents to help grow your business.