Mortgage Brokers and Planners, What is the difference?

If you are a new Albertan homebuyer or home owner – at any stage in your mortgage years – then everybody wants your attention . This should never surprise you as first time home ownership is pretty much impossible without a mortgage .

Lending money as mortgages is big business They will temp you with low rates, or tease you with special promotions. How can you cut through the hype? What you want is a sensible mortgage that is going to make long term financial sense. You would think it would not be hard to ask for for, but where can you turn to get accurate advice. The banks say they have the answer, while the mortgage broker will for sure tell you otherwise. Trying to be a educated mortgage buyer can sometimes be overwhelming.

Here is the most important tip: Find a Mortgage Planner. Not just a broker or a mortgage rep from a bank. Why would you want a Ethical Mortgage Planner ? Because in an industry with huge range of expertise the mortgage planner is the one person with the most experience and they can help you choose to fit your big financial picture.

In the 1970 mortgage brokers were primarily considered the last resort financing. Over time they took on more of a consulting role so that customers could find the best rates. They also began to provide education in the market place on how to become mortgage free faster or providing help arranging client’s debt to focus on the creation of wealth.

Kelleway Mortgage Architects is a mortgage planner that provides expert advice on all matters related to mortgages. They maintain the highest professional standards while ensuring the strictest ethical standards. Mortgage Planners believes that a mortgage is not just a single transaction done in isolation of your family’s goals and your financial situation. A properly structured mortgage can and some would say simply must accomplish much more that just allowing the purchase of a home. The mortgage has to enhance your financial position and provide a path forward you to move towards your goals.