In the past year, I have expanded my business into the Fort McMurray area, and have had great success! I recently had a realtor call and ask if I could help his client purchase a home, even though the clientís bank and a different broker had led to a dead end.†
Bonnie, my client, wanted to give up but the realtor insisted that she talked to me because he was aware of my previous success. After some strategic planning and a conversation with a lender that I have a great relationship with, it was clear that Bonnie had a very good chance at approval.†
The issue with Bonnieís previous attempts at approval was that the lenders she and her broker were working with, didnít have access to the third insurer, Canada Guaranty, and hadnít structured the deal properly.
Within 5 days all of Bonnieís conditions had been satisfied, and she had purchased her new home!
Bonnie was especially grateful because her rate was ľ% lower than she had originally been quoted by her first broker and Ĺ% lower than her bank. †Due to my firmís large funding volume, we are able to waive the normal Fort McMurray lending rate premium.