Types of Borrowers

First-Time Home Buyer

For first-time home buyers, the process of applying for a mortgage can be difficult. Since you’ve never carried a mortgage before, you are unproven in the eyes of lenders, meaning you might have to undergo rigorous credit “stress testing” to make sure you’re able to afford the mortgage payments. But while there are limitations on first-time home buyers, there are also many opportunities to take advantage of that can help with your first application.

Repeat Home Buyer

Whether on your second mortgage or your twenty-second, repeat home buyers have already gone through the process of mortgage application. Now, you get to enjoy the benefits of mature, proven credit — meaning access to better rates and higher-tier lenders. In order to take advantage of your status as a reliable borrower, however, you need a guide and advocate, like a mortgage agent, to fight on your behalf.

Mortgage Refinancing

Maybe you want to fund a home renovation or addition, or need some cash towards an investment or unforeseen expense. Home refinancing is becoming an increasingly popular way to leverage your biggest asset — your home — to secure reliable financing. In these cases, securing the best rate is the most important factor, and can help ensure that refinancing builds towards a stronger future for you and your property.