In British Columbia and Alberta you have a lot of options when it comes to renewing your mortgage or negotiating a new mortgage for a home owner purchase.

You can ask Glen Kelleway of Kelleway Mortgage Architects to help you negotiate a better interest rates, better pre-payment options and better service. Kelleway Mortgage Architects are experts in helping their customers secure better borrowing options. They are licenses in British Columbia and Alberta.

Competition has always brought better services, options to a market place. Having a License Mortgage Broker help you negotiate a mortgage makes a lot of sense.

If you go directly to the bank manager, all you will be explained is the bank’s mortgage products. Make no mistake about it, mortgages are products and they have at least as many features are a new car. Having knowledgeable expert listen to you and understand your situation goes a long way in picking the best mortgage configure with the right re-payment options even if it is in fact a Canadian bank’s mortgages.

Do get this wrong, banks do offer extremely good mortgages, and they do finance a large portion of the Canadian public’s homes, but a recommendation from a neutral third party will help you pick the best option for you. Bank or otherwise.

If you are new to mortgages because you are considering a new home purchase for the first time you can get a pre-approved mortgage before you visit the neighbour hoods you would like to live in. Going through the process of pre-approval will benefit you in a couple of ways. First it will of course tell you how much you can spend and how much it will cost, secondly it will bring some reality to the amount you can borrow, the payment terms and this will help you understand what type of home you should be looking at.