February Contest - Who Wants Chocolate?
  
In the event that your Valentine does not bring you chocolate this year, your favourite Mortgage Broker has you covered. This month I am giving away TWO boxes of milk and dark chocolates from Bernard Callebaut.
Entering is pretty simple.
If you are not a Realtor, please answer the following:
If you were to list your home today, who would be the first Realtor you would call?
If you ARE a Realtor, this is your question:
What is one thing that a Mortgage Broker can do, to help make a purchase transaction simple and stress-free for you and your client?
I will have the chocolates delivered to the two winners' doors within two weeks. Winners will be mentioned in next months' VIP Club.
See, I told you love is in the air!
Speaking of winners, congratulations to Kelly Enns who won the Sparkle Balls from Hillberg & Berk. Yes, I know Kelly shares a last name with me (she is my cousin), but her name was put into the Randomizer 3000, and it was drawn fair and square. I see no reason to punish my relatives by not allowing them to enter my contests (I suspect the fact that they are my relative is punishment enough).
The 10 Don'ts Of Mortgage Closing
Do not quit your job before you take possession of your home!
Yes, I know, it sounds like common sense, but it happens... interested in learning about 9 other no nos you should stay away from prior to possession? Then I have a blog post just for you!
What Do I Do Six Months Before My Mortgage Is Up For Renewal?
Occassionally I will have a client call to tell me that their mortgage is up for renewal at their bank in 6 months from now. The bank is "allowing" them to renew early at a certain rate, but they wanted to know if I can help them out and provide them with a better mortgage.
Now as a Mortgage Broker, I can guarantee you a rate once we are within a 4 month window of your renewal. So when clients ask me if I can provide them with a better rate 6 months out, I let them know that although rates do not appear to be moving a lot, we would have to wait a couple months for me to provide them with an official rate hold.
Sometimes clients will commit to the bank's offer. Other times they will wait it out, and stick with me.
As it stands today, 100% of the clients who waited a couple months were able to get a better interest rate with me than what the bank was offerring them.
My advice - don't let your bank pressure you into renewing early. Be sure to explore your options. Be patient. It will save you money.
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