AGENCY occurs when one person, the agent, acts on behalf of another person, the principal or client.
Being represented by an Agent for your mortgage needs, means that you have someone working on your behalf only and NOT for the benefit of any other party.
When an agency relationship exists, the Agent is held to be a fiduciary. A "fiduciary" is a person who stands in a special 'relationship of confidence, trust, or responsibility in his or her obligation to others', according to the American Heritage Dictionary of the English Language.
The client relies on the agent, as a fiduciary, to give skilled and knowledgeable advice, opinions, and help in negotiations.
You may enquire and obtain our agency-based contract by contacting us at linda@cameomortgageplanners.com