Top Five Things To Look For When Hiring A Mortgage And Insurance Agent
Investing in properties has many perks associated with it. Having such assets is a smart way to enjoy being an owner, a steady cash flow, tax advantages, and building a considerate amount of wealth. However, when thinking about investing in real estate, it’s vital to understand the financial aspect of owning a property to avoid any risk. Therefore, you will need to hire a real estate and financial advisor to help you make a good investment. They will explain the ins and outs of the housing market, various borrowing options, and the short and long-term costs that can affect your investment. But, before you hire an expert, you will need to make sure that you’re working with a reliable and experienced professional. To help you choose the right representation, here’s a list of the top five things to look for when hiring a mortgage and insurance agent.
1. Knowledge
As a mortgage and insurance agent at TLC FINANCIAL, I know that hiring a mortgage and insurance professional can be nerve-racking. The number one question that comes to mind is, am I making the right decision to improve my situation and meet my goals? Saying that the FIRST thing to look for is KNOWLEDGE. Is the professional dedicating their time entirely to the mortgage industry? This will increase the chances of getting the right advice as the professional is accessible and not distracted from other responsibilities and is aware of the market trends and how it applies to your situation.
2. Integrity
Do they take the time to truly understand what your current situation is and your future goals? Do they apply different solutions to solve your situation? This is a crucial aspect to know about the professional you hire as sometimes they can be motivated by the commission first instead of the mission. A professional will devise a plan of action that is tailored to your needs and meets your goals while eliminating the chance for you to get hurt during the process. The map is laid out clearly to you and your family.
3. Reliability
Do they complete tasks when they say they will do it? Do they respond to your questions in a timely frame? Your potential mortgage and insurance agent need to give you their time and an open line of communication to discuss your expectation from their service. In reality, professionals are all busy at what they do, and as a client, you too will be busy at work, with family, and so on. Therefore, all parameters should be discussed so that they can meet deadlines.
4. Confidentiality
When looking for a mortgage or insurance product, there’s much personal information involved, including identification information, social insurance numbers to obtain credit information, income statements to establish cash flow, investment statements, etc. To make sure you’re dealing with a trustworthy professional, you can research to see any complaints to the respective regulating bodies. For mortgage and insurance, you can look them up with the Financial Services Regulatory Authority of Canada.
5. Awards, recognition, and testimonials
This is a great indication of seeing if they are producing at a high level amongst their peers in the industry. When a peer recognizes another peer, this shows respect for that professional. These professionals are genuinely performing at a high level.
If you’re looking for a mortgage and insurance agent licensed in Mississauga, ON, reach out to TLC FINANCIAL. As an independent mortgage and insurance agent with over seventeen years, I have successfully helped my clients by providing unbiased information and helping individuals, families, and companies find the right mortgage solution. I help them find the right financial solution to improve their financial situation and build wealth to leave a legacy behind. My services include mortgage planning, financial planning, insurance planning, debt refinance, consolidation loan, self-employed financing, and commercial financing. And these services are extended to clients across Mississauga, Oshawa, Bradford, Hamilton, Brantford, Oakville, and the Greater Toronto Area.
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