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What is a Canadian Mortgage Broker? Apply Now

What is a Canadian Mortgage Broker?

Why use a mortgage broker? The answer is simple: a Canadian Mortgage Broker is a professional trained to represent you, the borrower, in obtaining financing from the best possible lending source. Let a professional mortgage broker crunch some numbers on their mortgage calculator and provide you with an unbeatable offer.

Mortgage broker definition

A mortgage broker is a professional who is paid a fee to bring together lenders and borrowers in order to review available rates and scout out great mortgage opportunities. A Canadian mortgage broker usually works with dozens or even hundreds of lenders in order to find the best possible mortgage fit for their home buyer clients.
Why utilize a mortgage broker?

A Canadian mortgage broker is constantly reviewing interest rates and mortgage products-- that's their job! A professional mortgage broker will check rates from chartered banks, trust companies, credit unions, and private funds in order to locate the best lender package to suit your specific situation.

The advantages of dealing with a mortgage broker

Still uncertain why you should use a mortgage broker? The following are simply a few of the reasons working with a mortgage broker is beneficial to house buyers:

A mortgage broker will collect all of the essential files, consisting of, however not limited to, credit reports, employment confirmations, asset disclosures, and home appraisals. He or she will likewise submit all of the info to the lender who will manage the mortgage approval and dispensation.
An expert mortgage broker provides help before the mortgage process is finished and will be happy to respond to any questions that the customer might have about the lending process.
Mortgage brokers can help people who have less than a 20% down payment.
A professional mortgage broker can find bad credit mortgage rates for people with less-than-perfect credit report. While it isn't really part of the mortgage broker meaning, a professional broker may likewise provide standard credit counselling in an effort to help customers with fixing credit problems, in addition to offering priceless mortgage preparation tips to first time home purchasers.

Canadian mortgage brokers have the knowledge and experience you have to discover the very best possible mortgage rates and terms. Start your mortgage search today with assistance from one of FamilyLending.ca's mortgage brokers. Take a look at our totally free online mortgage calculators prior to starting the pre-approval process.

Let a professional mortgage broker crunch some numbers on their mortgage calculator and provide you with an unbeatable offer.

A mortgage broker is a professional who is paid a fee to bring together lenders and borrowers in order to review available rates and scout out great mortgage opportunities. A Canadian mortgage broker usually works with dozens of lenders in order to find the best possible mortgage fit for their home buyer clients. A Canadian mortgage broker is constantly reviewing interest rates and mortgage products-- that's their job! Canadian mortgage brokers have the knowledge and experience you need to find the best possible mortgage rates and terms.

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Residential Mortgages

Looking to mortgage a new home? We are proud to offer some of the best mortgage products available. Take advantage of our low rate residential mortgages with personalized service and flexible payment options available.

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Providing commercial mortgages for more than 20 years, our team of commercial mortgage experts offer in-depth knowledge and expertise to help your business thrive. Commercial mortgage approvals are guaranteed for 120 days!

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Agricultural mortgages are provided through AgriRoots Capital Management. Offering conventional and alternative lending options our agricultural mortgages are tailored to support the needs of your growing farm business.

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Our mortgage calculators are here to help you gain an understanding of what your mortgage payments will look like. Our calculators will instantly provide you with an estimated monthly payment amount, mortgage affordability & more.

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