There are generally two ways to get a mortgage in Canada: from a bank, or from a licensed mortgage professional.
A bank will simply offer you a mortgage from their collection of products that best fits your needs. On the other hand, a licensed mortgage professional will search Canada’s largest banks, credit unions, and trust companies offering their clients more choice, and access to the absolute best mortgage products and rates available! As a result, clients benefit from the trust, confidence, and security of knowing they are getting the best mortgage for their needs.
Mortgage professionals work for you, and not the banks; therefore, they work in your best interest.
From the first consultation to the signing of your mortgage, their services are free.
A fee is only charged for the most challenging credit solutions, and it’s especially under those circumstances that a mortgage professional can do for you what your bank cannot.