Reality: Actually, it is often the clients who make the mistake of going to multiple lenders in an attempt to negotiate for the best rate. Not only this action is time consuming but also every time there is an inquiry on the credit report, it causes the credit rating to drop.

Reality: Although, many borrowers with solid income and good credit will get approved at the bank and look no further, it does not merely indicate that they have received the best approval rates and terms they qualify for. In the case of self-employed individuals, even if they have a solid credit rating, approvals cannot be solely based on that.

There is still confusion about what we mortgage brokers actually do and how our services differ from the banks. I‘ve also heard numerous times, misconceptions about our practices and what we can offer. I would like to take this opportunity to omit any myths about my profession and inform on the benefits you will gain from utilizing my services.