The Blog

Does pulling my credit affect my credit score? …and how many times do you pull it? It does have an impact, but a very minimal one compared to the benefit of knowing your financial position and it can be gained back very quickly from good future payments.  Mortgage brokers are not like financing departments at […]

February 28th, 2014

What fees will banks absorb for me? When it comes to Purchases, there are lenders that will pick up the appraisal cost if required.  On Switches/Transfers all fees except for the discharge fee (approx. $250.00) are picked up by the new lender.  On Refinances there are lenders that will pick up appraisal and legal fees […]

February 21st, 2014

I wish we could, but for accuracy, it’s really hard to do this.  We can do a verbal application, but we need to pull a credit report which requires written consent.   A credit report is much more than just a score, it’s a lifetime of payment history which can help get a deal approved or […]

February 14th, 2014

… and should I shop around for my best broker? Contrary to popular belief, mortgage brokers are not all cut from the same cloth so make sure you’re comfortable and your broker is qualified to earn your business.  Every broker has a different experience level, employment background, and understanding of policy/procedure.   Also, every brokerage is […]

February 7th, 2014