Getting a mortgage from the bank isn’t easy. Large financial institutions normally have strict lending requirements that, if not passed by the borrower, would be grounds for turndown. Banks also have their own agenda to follow, so it makes sense that they wouldn’t readily stick their neck out for someone they aren’t sure is good for the loan. And, should you pass their requirements, it’s still unlikely that you’d be able to get access to a wider variety of suitable mortgage products out there in the market.
This is where you should consider working with a mortgage agent instead. While most big banks literally have a list of reasons why they “can’t do” your mortgage, an independent mortgage agent would have the freedom and connections to climb mountains and cross seas to help you land the right financing product. So, if you’re in the market for a mortgage agent with a “can do” attitude, we have just the one for you.
Ontario-based Nitin Kumar (K4M) is a licensed mortgage agent with The Westlake Team (TWT), which is part of Dominion Lending Centers (DLC), one of Canada’s leading mortgage companies. The company funded a record $78.5 billion in annual mortgage volume last year, a figure that was up 52% over its 2020 results.Nitin promises his clients responsiveness, professionalism, sharp shooter to get best deal, convenience, and a “can-do” attitude and approach to mortgages that’s built him a reputation as one of Ontario’s finest mortgage agents.
Nitin and his team have secured 100s of commercial mortgages as well. They deal with a variety of mortgage options be it CMHC Insured, Institutional, Mezzanine and Secondary funding or Construction funding. Along with DLC commercial arm (DLC Commercial) and its subsidiaries they have an exhaustive network of advisors, underwriters, appraisers and a variety of lenders to help secure suitable mortgages specific to your commercial needs.
One product which is close to his heart is a financial solution for our aging population which can help cover unexpected costs, health issues, higher taxes during their advanced age with no income – called Reverse Mortgages. According to a recent CIBC poll & RBC poll, nearly half (48%) of retired Canadians stopped working sooner than they expected and have a savings shortfall to cover even basic necessities.A reverse mortgage is a long-term financing option that may be a suitable solution to your retirement funding shortfall needs, as this product allows you to extract a portion of your home’s equity both tax and payment free, contribute to estate planning before time.
Most clients of his will vouch he is well aware of the many pain-points his clients face- getting turned down by banks, getting access to more funds, and obtaining a mortgage service with a personalized solution for their needs- which is why he puts a premium on customizing a suitable strategy for each of his clients. “I listen carefully, understand, analyze and create possible options with financial implications while keeping the bigger picture in mind and listing smaller details to pay attention to. I consult multiple lenders to create a solution based on my clients’ interests or situation- be it a quicker process, more mortgages, or options for difficult client situations like bruised credit and the like.” He explained.
Nitin’s meticulous attention to detail is a byproduct of his overall goal, which according to him is to “…help my clients get access to best possible mortgage solution with a great experience guaranteed.” He then went on to share more about his services, saying “I have solutions for all kinds of mortgage needs my customers likely have – first-time home buyers, investors, refinancing, struggling with credit, private mortgages, commercial, reverse mortgages, and the list goes on. I also have access to over 90 different lenders and a qualified, experienced, and courteous team at my back, ready to guide the client through the process and help with underwriting.”
Yet, what truly distinguishes Nitin’s unique “can-do” approach to mortgages is his attitude towards his role as guide and advisor with all things mortgage. He summed it up himself, saying “I care less for my commissions and more for my client’s success. My team and I have a defined and transparent application process where we remain responsive, keep clients informed, and assist step by step. We avoid surprises with our own underwriting team curating the application. This enhances our success rate for mortgage approval.”
Mortgage seekers – residential, commercial or construction – looking for mortgage financing solutions that are customized especially for them don’t need to look far. Your mortgage needs are in good hands with a determined, experienced, and expert mortgage agent by your side. To land the best possible options and deal for your mortgage, touch base with the “can-do” mortgage agent, Nitin Kumar, and obtain the financing you’ve been looking for without delay.
Source: Variance Marketing