Questions and Answers about Mortgage Specialists, Home Loans, Mortgages, Mortgage Brokers or Lenders.

Q. What is the purpose of a mortgage broker?

A. Our only job is to find our clients the absolute best mortgage product to fit their needs. We specialize in negotiating mortgages and deal with lenders who can compete against the local branches for better rates terms and service.

Q. What are the advantages of using Essex & Kent?

A. You get the best offers without shopping around or wasting time. We save you time, money and more.

Q. What will your service cost me?

A. This service is free for consumers seeking residential first mortgages or renewals (OAC). Why? Because the lender you choose will pay us for your business. A fee may apply when working with private or equity financing.

Q. Who are your lenders?

A. We deal with Canada’s top lenders (Banks, Trust Companies, Credit Unions) that compete for your mortgage in an electronic bid process that guarantees you the best available package of rates and features.

Q. What if I have had poor credit or have been discharged from bankruptcy within the last 2 years? Can I apply for a mortgage?

A. Yes you can! Most conventional banking institutions put restriction on who they lend money to for a mortgage, but Essex & Kent has the resources to shop for financing regardless of any credit situation.

Q. Can I get pre-qualified before I find the home I want to purchase?

A. Yes. Our lenders offer pre-qualifications from 60 days to 120 days. When it comes to new constructions many lenders will extend that pre-approval time to fit the construction schedule. This will allow you to hold a great interest rate while you shop for or build a new home.

Q. How much can I qualify for?

A. Qualifying guidelines vary depending on the lenders criteria and products available. To find our exactly what you can qualify for, please call Essex & Kent for a quick approval.

Q. By qualifying, am I committing myself to a particular lender?

A. No. You are under no obligation to apply for a mortgage even if you qualify. Nor are you under any obligation to accept whatever mortgage terms a lender offers you after we send in your application.

For Further Information

Any one of our mortgage specialists would be more than happy to assist you or answer any questions you may have about obtaining a mortgage. Contact us anytime and we will reply to your inquiry by telephone or by e-mail as promptly as possible.