There are generally two ways to get a mortgage in Canada: From a bank or from a licensed mortgage professional.
While a bank only offers the products from their particular institution, licensed mortgage professionals send millions of dollars in mortgage business each year to Canada’s largest banks, credit unions, trust companies, and financial institutions; offering their clients more choice, and access to hundreds of mortgage products! As a result, clients benefit from the trust, confidence, and security of knowing they are getting the best mortgage for their needs.
Whether you’re purchasing a home for the first time, taking out equity from your home for investment or pleasure, or your current mortgage is simply up for renewal, it’s important that you are making an educated buying decision with professional unbiased advice.
Why should you really use a Mortgage Broker?
Top 5 Reasons to Use a Mortgage Broker
Save Time and Money
Lower Mortgage Rates
Unbiased Advice and greater choices of lenders
No cost (most of the time) broker is compensated directly by the lender
Protect Your Credit Score (each application to a lender can lower credit score)
Why use a mortgage broker?
While the banks can only offer you their own mortgage products, we have access to hundreds of options from Canada’s largest banks, credit unions, trust companies, and financial institutions.
Plus countless other reasons, let us explain more.