Reputation Risk

As a brokers we deal with a wide variety of clients, from those seeking A bank lenders, alternative lenders, private mortgages or commercial. Because of this mix, clients come to me with an expansive and diverse background. Occasionally I come across clients who have had less than stellar pasts. I know this because we Google them as well. As a result things that they may not be proud of come up as a result of the search.

While I do this business for the money and because I enjoy it, I also keep a sharp eye my reputation from my lending parters. I will never take on a file of a questionable nature just to get a commission. Life is way too short for that. I also disclose any findings of my background checks on my clients to my lending parters as any potential issues or concerns are best dealt with upfront as apposed to the day of funding.

Clients and lending opportunities come and go on a daily basis and I am not going to throw away my 20 years of doing this and my reputation with my lending partners on a client who wants me to turn a blind eye and just get the deal done. I will disclose fully and honestly the nature of the situation and if the lender is still comfortable with the file then we move toward funding other wise it is on to another file.

Today I am thankful for my relationships with my lending partners, opportunities that exist because of being open and honest and a neighbour willing to join me for a run.

I look forward to hearing from you in regard to your mortgage needs.

Patrick

p.s- You can click on this link to start the process whenever you are ready. Schedule your meeting with me here.

p.s.s- I should tell you that I am licensed in Nova Scotia Brokerage (2021-3000179) Broker (2021-3000180), Ontario(M18001555) & in British Columbia(BCFSA #504098).

p.s.s.s You can download my new mortgage app here