F.A.Q Text
Frequently Asked Questions
Why Use A Mortgage Consultant / Broker?
As an independent Mortgage Consultant who specializes in refinancing and debt consolidation, Darrin represents you, not the lender. Darrin is not an employee of any specific lending institution. This means Darrin is not limited in the number of lending products he can offer you. Darrin will help you find and negotiate the best lender package to suit your specific situation, whether it’s with a Chartered Bank, Trust or Insurance Company.
Less time is another advantage. “Shopping around” for the best options takes a lot of time and effort - Understanding which lending product is right for you can be confusing. Choose the wrong product, and it can cost you thousands of extra dollars. Darrin is trained and experienced in helping you save on your home refinancing and debt consolidation.
Why Shouldn’t I Just Go To The Bank Instead?
There are a number of benefits you get working directly with Darrin. Faster approval times - Getting lower than best posted bank rates - A personal, stress-free and informative experience - Refinancing and Debt Consolidation planning at absolutely no cost - Hundreds of lending options - And unbiased advice, are just some of the benefits you can expect.
How Are You Faster Than Other Mortgage Consultants?
In one word: Experience! Darrin will respond to your call or email normally within 1 hour, work with our team to process the paperwork and red tape as quickly as possible, and in many cases, have a pre-approval back in your hands as quickly as 4 business hours after submitting an application. Banks and other brokers often take much longer.
If Your Service Is Free, How Do You Get Paid?
Darrin’s compensation comes directly from the lender (that you ultimately choose), as a “referral fee” for doing the leg-work on your refinancing. Darrin negotiates & secures the best rates and terms for you, while adding no direct cost to you or on your home refinance loan or consolidation. Lenders prefer this arrangement because of the savings of not having to pay any hourly employees to handle your application. You save and the lender saves. Some may call it a win-win arrangement.
If I Refinance To Consolidate My Bills, How Much Can I Expect To Reduce My Monthly Payments By?
Although a lot depends on how much debt you have, and how long you want to take to repay the loan, but reductions in monthly payments can be as high as 75%.
Will Refinancing Erase My Bad Credit Debts?
Unfortunately, you can’t “borrow” a way out of debt. However, with the right refinance loan, you can greatly speed up the process and make it much more manageable. Less payments. Less Interest Costs. More Extra Money Each Month. Debt Paid Off Sooner.
If I Have A Low Credit Score Or Have Filed For Bankruptcy In The Past, Am I Still Eligible To Refinance?
Most people have either credit issues, difficult situation and/or in some cases, previous bankruptcy. To date, Darrin has been able to help 97% of those clients successfully process their refinance loan. And we’re certain that he can help you too… But the only way to know for sure, is to call him direct at 877 967 9077.
What Is The Difference Between Secured And Unsecured Loans?
Basically, a secured loan is a loan that is attached to something of value, such as your house. Because you are using the equity in your home as security, you’ll usually get a noticeably lower rate (do to the reduced risk for the bank) as opposed to an unsecured loan. Rates for unsecured loans are usually much higher. An example of an unsecured loan would be your credit cards or bank line of credit. Because secured loans often have very competitive ra
tes, they are a terrific option for debt consolidating.
What Is The Difference Between “Debt Settlement” And “Debt Consolidation” Services?
Generally speaking, a “debt settlement” service is the option of consumer proposal / credit counselling. What most people don’t realize is that in the eye’s of credit holders and banks, it’s considered to be similar to a bankruptcy (mortgage wise) and often have expensive fee’s - even if they can’t help you. On the other hand, “Debt consolidation” combines all of your debt under one loan/mortgage and gives you one easy payment. It makes debt easier to manage and budget. You end up getting a much better monthly cash flow and overall save thousands in interest costs, help improve credit ratings. And… there are no fees either way!
Can You Help Me With Both Residential Or Commercial Financing Needs?
Absolutely! Darrin can help you with all types AND sizes of loans that are backed by mortgage collateral. From smaller residential deals to commercial properties in the millions of dollars, Darrin will provide you with the best options available!
Do You Have Questions? I’m Here To Help!
Call Me Toll Free At: 1 - 877 - 967 - 9077
Darrin Roseborsky - Refinance Specialist
Need to unlock your home's equity - but have a few questions? Why not consider a free private email consultation with me, Darrin Roseborsky? There's no obligation or commitments to worry about. Just helpful answers to your questions. Use the short form in the top-right corner to get started. And in a few minutes, you'll have the answers to all of your questions.
