Using the services of a real estate broker involves many benefits. Whether it is a renegotiation or a repurchase of mortgage, the broker offers advice and support to optimize your project file.
The real estate broker’s missions in the purchase or renegotiation of your loan
Using a broker saves you time because of his experience and his many contacts. A real estate broker can look after not only the acquisition of a home loan offer, but also the purchase or renegotiation of a home loan.
The renegotiation of the mortgage
Given the relatively low interest rates , it would be a shame not to take the opportunity to renegotiate your mortgage . As long as you have a mortgage, you can use your bank to change the financial terms. The real estate broker accompanies you in all your steps by establishing a solid file and strong arguments when negotiating with your bank. The goal will be to renegotiate the terms of your contract and get a new rate based on current credit rates.
The repurchase of the mortgage
If you have already taken out a mortgage with a financial institution, be aware that it can be bought by another bank with better benefits. Your broker will conduct a survey of different banks by presenting your file. Subsequently, he will suggest the most advantageous offer for your project.
In summary, to benefit from an interesting interest rate and repayment terms, the customer can transfer his credit to his new bank via the redemption process. The main difference between the repurchase and the renegotiation of the mortgage is the change of financial institution.
Financial Credit, your best ally in real estate loans
Are you looking for a professional broker to assist you in your takeover or renegotiation process?
Our brokerage firm Financière Crédit assists you in the realization of your real estate project. Our real estate credit brokers are at your disposal to build your file and get you the best current offers. Our services are based in particular on a perfect knowledge of the market, a professional and competent team as well as a vast network of partners. Contact us as soon as possible to tell us about your project.