There are hundreds of financial institutions and financial experts who want your business. They all claim to have the best rates and the best service. They all have plans and promotions. They all have angles.
So what’s our angle?
We’re a different kind of mortgage broker
We won’t flash all kinds of numbers in front of you that you don’t understand.
We won’t skim over the fine print.
We won’t lock you in and keep you stuck.
We will listen to you, because we care about what you want, and what you need.
We will take the time to review all the fine print, and we’ll explain it in plain English.
We will offer you flexibility and we’ll review your circumstances on a regular basis.
Buying a home will likely be the biggest investment of your life, so we’ll take the time you need to make the right choice. We want you to have peace of mind and a solid plan for the future — and we can help.
Our clients get the best options
At Champion Mortgage, we have developed a proprietary software system that allows us to input your individual information and create a unique-to-you Lenders Report outlining the best mortgage options for you from a variety of lenders.
Our software is unlike anything in the mortgage industry in Canada. This specialized software is able to analyze and determine market rates and lender’s offers. It is a highly detailed and predictive tool — and this means you will have all the relevant information you need to make decisions about your mortgage.
Our mortgage experts are the only ones in Canada using this system, which means that Champion Mortgage clients are solely positioned to reap the benefits.
Top reasons to work with a mortgage broker
Many people are not aware of what a mortgage broker does, or how the services are different than a bank.
In fact, Mortgage Professionals Canada’s report, The Next Generation of Homebuyers, shows that only 36% of next generation homebuyers would consult a mortgage broker prior to learning about what a mortgage broker can offer. Once people learned about the benefits of working with a mortgage broker, that number increased to 75%.
When someone invests $400,000 with a financial advisor, they never say, “Here’s my $400,000. Put it into a fund and I’ll be back in five years to see how it did.” Yet for some reason, this is how most Canadians treat their mortgage. Champion Mortgage knows that professionally managing a mortgage, and keeping on top of life and financial changes in a household, will drastically reduce the overall cost of borrowing over the life of the mortgage. Mortgage rates change daily and our expert team regularly reviews our clients’ mortgages to find opportunities to save interest and reduce costs. Over the years, Champion’s dedicated approach has resulted in saving our clients over $1,000,000 in interest!
A Champion Mortgage Broker is your expert guide. We will support you in making the best choices to achieve your goals. Our job is to help you — and we have the tools to support you throughout the mortgage process.
There are a lot of great reasons to work with a mortgage broker! Here are some of our top reasons:
- Mortgage Brokers Find the Best Mortgage Rates
Mortgage brokers strive to get you the best mortgage rate on the market. Did you know that there are over 1200 rates on the Canadian market? Your mortgage broker will often have access to better mortgage rates with your bank than you do.
- Mortgage Brokers Don’t Charge Fees
Mortgage brokers don’t charge a fee for their mortgage expertise, as they are compensated by the mortgage lender based on the mortgage amount and term. (A fee may be charged by your mortgage broker in special situations, such as if you have poor credit).
- Mortgage Brokers Have Access to Many Mortgage Lenders
Your mortgage broker has access to multiple mortgage lenders across Canada. These mortgage lenders include the major banks, specialized mortgage lenders, and trust companies.
- Mortgage Brokers Provide Expert Mortgage Advice
Your mortgage broker is focused on mortgages. They aren’t doing double duty and trying to sell you other financial products, like at a bank. This focus allows them to be experts at what they do.
- Mortgage Brokers Offer Expert Mortgage Negotiation
Mortgage brokers save you time and money, and protect your credit rating, by negotiating your mortgage on your behalf with Canadian banks and mortgage lenders.
Did you know: 85% of homeowners renew their mortgage with their current lender and over 60% of them renew at a rate higher than what they should be renewing at.
- Mortgage Brokers are Service-Oriented
A Champion mortgage broker will take the time to explain the details of your mortgage, including the privileges, conditions, and penalties associated with it. We will go over all the fine print with you…in plain English.
- Mortgage Brokers Offer Great Mortgage Privileges
Mortgage brokers have access to mortgage products with greater pre-payment privileges than you will find at most banks. This helps you pay down your mortgage faster and saves you interest.
- Mortgage Brokers Find Mortgages with Low Penalties
Mortgage brokers have access to mortgage products that offer lower penalties for paying out your mortgage early.
- Mortgage Brokers Offer Powerful Mortgage Products
Mortgage brokers have access to many powerful mortgage products that are only available through specialized mortgage lenders and are exclusively for mortgage brokers.
- Mortgage Brokers Keep You Informed
Banks often sign you up and then you rarely hear from them until it’s time to renew. A mortgage broker will continue to work on your behalf, prior to renewal, to ensure you get the best mortgage rate available.
- Mortgage Brokers Care About Your Equity
Banks benefit from longer amortization periods that cost you more interest on your mortgage and increase the bank’s profits. A mortgage broker will develop a custom mortgage solution to reduce the mortgage interest you pay with an amortization period to fit your budget.