January 21, 2018

Demystifying The Role of A Mortgage Broker

In speaking with a colleague, I was surprised to learn that she was unaware that Mortgage Brokers do not necessarily charge fees for their services as the lender will pay a broker a referral fee to obtain the business. As the Broker has access to many different institutions, you will receive a competitive or better interest rate and in most cases better mortgage terms than your Bank and with the convenience of doing all aspects of the financing in the comfort of your home. No more lining up and waiting for hours to see your Bank rep, playing telephone tag…

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