Every client is different as as such each one has a unique situation. Cheryl Wilkes Mortgages treats all our clients with the respect and attention they deserve. We can help you to secure mortgage loan products in Canada at the lowest mortgage loan rates without any hassles.

Depending on your province, mortgage brokers must be licensed and are subject to a strict set of requirements. Mortgage Professionals must also take continuing education courses in order to maintain their accreditation. Bank specialists, in comparison, are no licensed and require no formal training. Because of licensing requirements and continuing education that a mortgage broker has to obtain and sustain, you know that they are always up-to-date with all current Canadian real estate and mortgage financing market rules and regulations, instilling the utmost confidence with them, versus dealing with a Canadian bank specialist.

Because mortgage brokers don't work for a specific lender, you're assured that you will be given impartial advice. I work closely with both large, public Canadian banks and small, private Canadian trust companies. As a result, we are able to shop the market for you, our client, to access the best possible Canadian mortgage products. A bank specialist has a limited number of their own institution's products. While it may not be the best product out there, or even the best product for your individual needs, a bank specialist will do their best to sell you their institution's product.

Canadian mortgage brokers will evaluate homebuyers' applications , analyzing each person's credit situation to determine which Canadian lender is the best fit for their needs. A good mortgage broker can find a lender for just about any type of credit. we can often find a lender who will approve loans that a bank bank refuses for reasons such as credit problems.

If you were to go to your local bank and not be approved or be unsatisfied with their offer, you are left shopping the market yourself and having your credit report pulled over and over again. This is frustrating for the client and costs you multiple credit pulls, possibly resulting in a lower credit score. This could make you ineligible for the same loan programs as before and ultimately cause you to pay more for your mortgage. 

Let our team help make your upcoming real estate transaction smooth and hassle-free. Contact Cheryl Wilkes Mortgages today to learn more about our mortgage programs and options.