Buying a Home
Let us guide you through the process and ensure you're ready to make an offer when you find the perfect home.
Why Use a Mortgage Broker?
100% Free to Use
Mortgage brokers in Canada are 100% free to use in the sense that you will not pay us any money out of your own pocket to work on your file and advise you. We are compensated by the bank we place you with; however, they all pay equally, so we don’t have any bias or loyalty to one over the other. The only time you would pay a fee is if we are using a private or alternative lender, in which case we will disclose the fee well in advance, and nothing is paid until funding. No mortgage funded = no fee. However, 99% of Canadians would never need to pay their mortgage broker.
Access to Multiple Lenders
Better Availability
We aren’t the bank, we don’t open at 9 a.m. and close at 5 p.m., and we don’t stop answering you on the weekend. Mortgage brokers are independent, and we run our own businesses, which means we can choose how we operate. One of Whiteridge Mortgage’s biggest assets is that we keep our availability very open for our clients. If you have a question or need to chat and it’s outside of regular business hours, that’s totally fine. Of course, respecting boundaries is important, and we expect people to know better than to call us at 10 p.m. or 6 a.m., but for the most part, we keep our availability open even after hours.
We Work FAST
Feduciary Duty
A fiduciary duty is a legal obligation to act in someone else’s best interest. In simple terms, it means putting another person’s needs and interests above your own when making decisions. For example, a financial advisor has a fiduciary duty to make decisions that are best for their client’s financial well-being, not their own profit.
our services
Need a Mortgage Broker? We're Nearby! Discover Our Full Range of Mortgage Services.
Refinancing
Let's review your current terms and explore options to potentially save on interest, lower your monthly payments, or access equity.
Renew/Transfer
Don't settle for what your bank offers. There are likely better options out there. Let us search through our network to find you the best deal.
Your Local Mortgage Specialists: Dedicated to Top-Notch Service
what we do
Our Promise
Client Results
Beyond the best deal. We’re committed to educating you about your mortgage options and ensuring you understand why our recommendations align with your financial goals.
WHAT PEOPLE SAY
Past Clients Who Have Enjoyed Using Our Mortgage Services!
DOWNLOAD OUR APP
Start Planning On Your Own Mortgage
Knowledge is power. Use our mortgage calculator to explore different scenarios and get a sense of your affordability. When you’re ready for personalized guidance, we’re here to help.
CMP Rising Star 2024
Top 40 Under 35 Across Canada
DLC Diamond 2024
Top 5% of All Brokers in Canada
DLC Gold 2024
Top 15% of All Brokers in Canada
DLC Platinum 2024
Top 10% of All Brokers in Canada
Option 1
Standard Mortgage Process
Step 1: Book a Call
Schedule a quick call to discuss your mortgage needs. This will help us understand what documents we will need to request along with your application. This helps streamline the process and minimize delays.
Step 2: Online Application + Document Submission
Complete our online application and submit the required documents for review. We've provided detailed instructions on how to obtain and prepare these documents to ensure a smooth process.
Step 3: Receive a Full Breakdown of Your Current Situation
Within 24 hours, we'll review your application and provide you with your maximum mortgage amount, along with other important details like closing costs, lender recommendations, and next steps. To ensure complete understanding, we'll include a video explaining your report in detail. Watch it as many times as you need.
Option 2
Express Mortgage Process
Step 1: Online Application
Complete our online application and wait for a team member of ours to review the application and compile a list of documents we need to review your file.
Step 2: Receive List of Documents Needed
Receive a detailed breakdown of all documents required for your application. We'll provide clear instructions on how to obtain and prepare these documents.
Step 3: Receive a Full Breakdown of Your Current Situation
Within 24 hours, we'll review your application and provide you with your maximum mortgage amount, along with other important details like closing costs, lender recommendations, and next steps. To ensure complete understanding, we'll include a video explaining your report in detail. Watch it as many times as you need.
Choose Between Our Standard or Express Mortgage Process
Transparent fees. Enjoy our services at no cost in most cases. Any potential fees will be disclosed clearly.
Realtors, Are You Looking For A Next Level Partnership?
We are committed to providing outstanding service to all our clients, including you. Not only is our goal to make the process as simple as possible for the client, but also for you. We take many steps to help our realtor partners grow their businesses exponentially,
Why Whiteridge Mortgage is The Best Mortgage Company For You
At Whiteridge Mortgage, we’ve been your go-to mortgage company in Willoughby, Langley, and the surrounding areas for years. Our team of dedicated mortgage specialists is committed to providing top-notch service and personalized solutions to help you achieve your homeownership dreams.
As your local mortgage brokers, we understand the unique needs of our community. Whether you’re a first-time homebuyer, looking to refinance, or seeking a mortgage renewal, we’re here to guide you through the process. We’ll work tirelessly to find the best mortgage rates and terms to suit your individual circumstances.
What sets us apart is our commitment to building long-lasting relationships with our clients. We believe in transparency, honesty, and open communication. When you choose Whiteridge Mortgage, you’re choosing a partner who will be with you every step of the way.
So, if you’re searching for a “mortgage company near me” that cares, look no further. Whiteridge Mortgage is your trusted local partner.
FREQUENTLY ASKED QUESTIONS
FAQ
Common questions people ask about working with a Mortgage Broker.
How much does it cost to work with a Mortgage Broker?
In almost all cases, it costs absolutely nothing to work with a Mortgage Broker. Don’t worry, we don’t starve to death! We are paid by the lender we place you with. However, it’s important to understand that all lenders pay us equally, meaning we have no bias toward one bank over another.
The only time you pay a Mortgage Broker is if you’re seeking alternative financing through a B-lender or private lender. This is simply because the bank doesn’t compensate us for those types of files.
What kind of lenders do mortgage brokers work with?
We have access to a wide variety of lenders, including major banks like TD and Scotiabank, credit unions like Coast Capital, Vancity, and Prospera, and mortgage companies like First National, RFA, and MCAP, to name a few.
There are very few lenders you can’t access through a mortgage broker. If you can’t access a particular lender, you should question why. A lender that doesn’t want its clients to get independent advice may be hiding something. If their product were truly superior to their competitors, they should have no problem allowing mortgage brokers to advise clients on it.
What is the difference between a Mortgage Broker and Mortgage Specialist.
Mortgage Brokers are independent and their own business, while Mortgage Specialists are employed by banks. If your mortgage advisor works for a specific bank, they’re not a broker but a specialist. Unlike brokers, specialists typically don’t have licensing or secondary education beyond the training provided by the bank.
Mortgage Brokers are fully licensed and required to complete a licensing course at UBC Sauder and continue their education with multiple credits each year.
It’s important to note that not all Mortgage Brokers are equal. Since all brokers are independent, the quality of service can vary significantly. We highly recommend checking out our client reviews before contacting us to ensure you’re making the right choice.
Will getting pre-approved hurt my credit score?
No, getting pre-approved will not have any impact on your credit score whatsoever.
When we do a pre-approval, we must pull your credit to review your credit standing and identify any potential red flags. Sometimes, you may believe your credit is good because you haven’t missed a payment, but in reality, it might be quite weak due to low credit limits or insufficient credit history. This is where our review can be very beneficial.
Many people worry that a credit check will damage their credit. However, Equifax assigns different pull codes to various industries. These pull codes help Equifax differentiate the purpose of credit pulls. As mortgage brokers, we only pull your credit once and use that same report with all the lenders we work with. If you were to visit multiple banks, they would each pull your credit, and multiple pulls in a short period can indeed harm your credit.
Why choose Whiteridge Mortgage instead of another Mortgage Company
When you choose WhiteRidge, you choose to access a network of industry professionals, including our referral network of realtors, lawyers, notaries, home inspectors, appraisers, and more.
We also have a proven track record with past clients, with 70+ all 5-star reviews. We encourage you to read them for yourself.
We have extensive experience in all aspects of mortgages, ranging from standard purchase mortgages, refinances, and renewals to construction financing, reverse mortgages, and private lending. We’re mortgage nerds, and a mortgage nerd is what you want when you’re getting a mortgage
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