Landing the right mortgage takes more than just determination and perseverance. Banks often have strict lending requirements and won’t hesitate to show you the door if you don’t pass them. On top of that, variety isn’t their forte, as banks often only offer financing products from their side of the field, limiting the rates and terms their clients can land. That’s because the reality is banks have their interests in mind and won’t put you on a pedestal unless you’re some triple-A client. Thankfully, there is a better alternative source of mortgage financing solutions.
Independent mortgage agents are financing specialists who aren’t linked to banks or institutions. Because of their independence, these mortgage agents don’t have strict lending requirements, usually have a bigger pool of lender connections, and can offer a broader range of financing products. The best part is that an independent mortgage agent can act as your lifetime guide for anything mortgage and finance. Luckily, we know the right one if you’re in the market for such an agent.
Bilal Abdallah is a veteran mortgage agent and founder of the Ontario-based mortgage agency, Second Mortgage Inc. According to Bilal, he and his company’s joint goal is “to provide honest services that show results, actions that back up a promise we give to our customers. Our services support that goal every time a deal gets funded.” Furthermore, as a mortgage agent familiar with the difficulties of getting approved for a mortgage due to strict lending requirements, Bilal specializes in subprime loans, which are loans offered to borrowers who may have difficulty maintaining the repayment schedule. Don’t let the word ‘subprime’ fool you; subprime loans are flexible financing products that give borrowers with credit/income issues the chance to finance their property purchases.
With the banks constantly turning low credit/income borrowers away, Bilal seeks to establish himself and his company as the prime sources of reliable mortgage guidance and alternative financing solutions. He explained it best himself, saying, “I always work in the borrower’s best interests. Depending on their needs, I would like them to either accomplish becoming a homeowner or refinance their current mortgage for better terms. I always present all of the offers and recommend the client goes with the best offer for their needs, not the one that pays the most. My team and I have a ‘we don’t get paid until our clients do’ mentality. If we cant fund your deal, we don’t get paid, simple. I don’t charge any retainer fees or upfront fees to start working on your deal.”
His specialty in subprime loans doesn’t mean Bilal is a one-trick pony. He covers all the mortgage services under the sun; from purchasing, refinances, and renewals to equity takeouts and second mortgages. Yet, Bilal maintains that he and his team are committed to delivering the most enjoyable and seamless mortgage experience possible with easy approval no matter the service provided. “I simplify everything for the client and try my very best to have them have to do a minimal amount of work to get an approval.” He said.
Landing the right mortgage for you and your family doesn’t have to be an arduous journey. If you get the right help, namely an honest and trustworthy mortgage agent who prioritizes your success, then you can enjoy a speedy process and land the best possible deal. Connect with the Ontario mortgage agent who champions your interests today for any of your mortgage needs. Schedule a mortgage consultation with Bilal Abdallah and his team at your earliest convenience.
Source: Variance Marketing