How Victor Matos- Mortgage Agent – Insurance And Investments Advisor Helped A Client Refinance Their Mortgage

How Victor Matos- Mortgage Agent – Insurance And Investments Advisor Helped A Client Refinance Their Mortgage

Author: Victor Matos | | Categories: Mortgage Agent , Mortgage Insurance , Mortgage Refinance

Travel Insurance Hamilton

I’m Victor Matos, a mortgage agent in Hamilton, Ontario, with over twenty years of experience assisting clients to make the right financial choices. I pride myself on my customer service, which includes being flexible, providing honest advice, and building rapport with clients. 

I’m also an insurance and investment advisor, enabling me to understand the clients’ entire financial picture and develop customized solutions. Please keep reading to learn about how I helped a client to refinance their mortgage so they could manage their money better live comfortably.

The Challenge: The property needed fixing, and the mortgage was in arrears
Not too long ago, I came across a client with a house in need of urgent repairs and a mortgage in arrears. The client was missing payments on their mortgage as they were experiencing financial stress. After looking at their situation, I determined that a refinance would be the best option for him. However, the client did not want to refinance his property, so I had to convince him that this was not a good time to be proud or to refuse help when it’s clearly in his benefit.

The Solution: Have a lender provide a prepaid mortgage
After the client agreed to take my help, I arranged for a suitable lender to offer a prepaid mortgage with payments added to the mortgage balance. This effectively reduced the client’s debt. One of the conditions was to have the client agree to work with a credit counselor to repair his credit.

The Bottom Line
The process was completed in several weeks, but the client was happy with the outcome. It relieved him of his financial stress and improved his cash flow. We were also able to improve his credit score slowly.

If you’re facing a similar issue with your mortgage, then get in touch with Victor Matos- Mortgage Agent – Insurance and Investments Advisor.

As a leading mortgage broker and insurance and investment consultant in Hamilton, Ontario, I take the time to help my clients find the perfect financial plan to meet their individual needs. 

My mortgage services include home purchase mortgages, mortgage renewals, mortgage refinancing, and home equity mortgages. My insurance and investment services include life insurance, critical illness insurance, disability insurance, registered retirement savings plan, and registered education savings plan. I serve clients across Hamilton, Oakville, Burlington, Binbrook, Ancaster, Brantford, Caledonia, Grimsby, Stoney Creek, Cayuga, Dunnville, and St. Catharines, ON.

To get started, get in touch with me by clicking here. To learn more about how I can help you, please click here. Or, to read what my clients are saying about me, please click here.