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Maple Ridge Mortgage Brokers
Maple Ridge is a quiet city just east of Vancouver but still in the GVRD. Prices in Maple Ridge have sky rocketed in the past few years, however the prices are still much more affordable than some other cities around it such as Coquitlam or Port Moody.
Over 1 in 4 Canadians use mortgage brokers to assist them in financing their homes. To understand why so many Canadians choose to use a mortgage broker and why they are so important to the process you have to understand firstly how the banks operate. When a client walks into a bank, they are given a rate based on how strong their relationship is to the bank; the more assets you have with the bank, the better the rate you get. In order to give these big discounts to their high value clients, every other client has to give up a little bit of their discount, this is referred to as a 'rate basket'. It takes several average clients to be as profitable as one high value client to a bank. This is why every client at the bank seems to get a different rate.
Mortgage brokers operate on a different model than the rate basket, we are given access to the banks best wholesale rates on a daily basis. With Verico Mortgage Options Ltd. working for you, you are always guaranteed to get the best wholesale rates available on the market on any given day!
What our Maple Ridge mortgage brokers are saying:
Maple Ridge certainly is not the same city it was 10 years ago. It has seen significant growth in both the residential and commercial spaces, and prices have gone up according. Our mortgage brokers here work with locals as well as a lot of first time buyers coming in from Vancouver and the Tri-cities area. The secret of Maple Ridge is basically out, but it is still a great market to buy into as prices are not yet out of control.
Mortgage Brokers
Call one of our Maple Ridge Mortgage Brokers today, or apply online for a Free Pre-Approval today.
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