Credit plays a crucial role in real estate investment, greatly influencing the borrowing options that investors have at their disposal.
As the Director and Principal Broker at mortgage brokering firm Sigmamortgage.ca, Shawn Stillman knows all about the intricacies of helping real estate investors in the current market. Along with his partners at Mortgage Outlet, Stillman had accrued years of experience working for other brokerages. Then, two years ago, Stillman knew the time was right to go out alone and start an independent brokerage firm. “The problem with working for someone else is that you’re only as strong as your weakest link,” Stillman says. “By being the owners, my partners and I are in charge of quality control and that allows us to create and manage the entire mortgage experience in a way we know works best.” One of the key drivers of Mortgage Outlet’s success over the past couple of years has been the strong links that Stillman and his partners have made with lenders across Canada. He’s in no doubt that those connections play an important role in enabling him to secure the best possible deal for his clients. “Due to the volume or mortgages we complete with lenders, we have their ear and are able to get them to look at deals that sometimes don’t fit their guidelines,” Stillman says. “Although lenders have criteria, every deal is looked at and analysed to see if it can be made. Based on our experience and relationships, we get stuff done. “We do a lot of business with the major banks and a lot with the non-bank lenders; it’s important to have a healthy relationships with both.” Mortgage Outlet’s success has been forged by a philosophy that promotes putting the client first and not settling for second best when negotiating with a lender on an investor’s behalf. “We are completely focused on being efficient, securing low rates and ensuring a positive client experience,” Stillman says. “If we have the sort of client who needs some hand holding, that’s what we do.”
Discover top-quality housing and apartment building construction services tailored to your needs
If you're looking to purchase in Calgary, you generally have two choices: a house or a condo. Which is the best deal?
"NUVO Condos are poised to play a pivotal role in Oakville's transformation into a major Greater Toronto Area (GTA) hub
Elevate your real estate investments with the finest smart home upgrades. Discover the ultimate value-boosting solutions today!
Investing in pre-construction real estate can be a lucrative opportunity, but it comes with its own set of challenges and risks.
Unlock the Full Potential of Your Real Estate Investments with Broker's Playbook's Exclusive Design District Event!
Discover the Future of Real Estate with Technology-Driven Platforms! Explore how cutting-edge technology is transforming the real estate industry
From economic indicators to credit scores, uncover what drives mortgage rates and how to secure the best deal for your home loan.
“Sign up for our daily newsletter to get the latest news, updates and offers delivered directly to your inbox.”