You want it all. The best available rate with the right features so you can live comfortably with your mortgage and pay it off in record time. If you want the perfect mortgage, you need to shop around. That’s my strength. I offer access to over 50 of Canada’s leading lenders, including major banks, credit unions, and private lenders. I research for you, finding you the best mortgage across multiple lenders.
Your Bank, as great as they are with your day-to-day banking, may not be the best choice for your mortgage because they represent just one available lender. Access to lender choice is one difference between getting a mortgage from a Bank vs a Broker. Here are more:
| Your Mortgage Broker | Your Bank |
Mortgage Rates | Mortgage brokerages negotiate discounted rates with lenders, and | The Bank sets rates. If there’s a better deal in the |
Objectivity | Your Mortgage Broker works for you, not any one lender. | Mortgage specialists are there to build business for the Bank. |
Solutions | Brokers can access mortgages for the self-employed and those | It isn’t easy to get a mortgage for certain client situations. |
Cost | The winning lender pays your Broker for the services and | Mortgage specialists are paid and incented by the Bank. |
Ongoing Service | Brokers offer ongoing advice after your mortgage closes, i.e. how | No proactive, ongoing advice is typically provided. You will get |
At Renewal | Your Broker will go to bat for you again to make sure you have | You may not be offered the best deal initially, requiring you to |
Getting a mortgage is a very significant financial event. That’s why you want someone highly specialized in the mortgage marketplace and focused solely on your needs.
Read 8 Tips Your Bank Won’t Give for more mortgage strategies.
Get in touch for advice that is relevant to your situation.
