Apply Now

What To Ask Your Mortgage Broker Apply Now

There are no stupid questions.

Here’s a list of questions to consider when speaking with your mortgage broker:

How long have you been in the business?

Experience is key when it comes to dealing with complicated mortgages. 

What kind of education or licensing do you have?

You should verify that your mortgage broker is licensed by checking with Mortgage Professionals Canada.

On what do you base your recommendations?

You want to be sure that they’re making recommendations for the right reasons. A mortgage broker works for you, and no one else.

Are there any special conditions that apply to this deal?

Be aware of hidden costs or undesirable conditions attached to a no-frills low mortgage rate.

What fees/costs are associated with the rate you’ve quoted me?

Don't let hidden fees sneak up on you. Always ask your mortgage broker to break out any charges and fees so you're properly informed.

Can I please see the lender’s letter of commitment?

If you are promised a specific rate, ask for a letter from the lender proving that the discussed rate is indeed locked in.

What is your area of specialty?

Brokers often facilitate more loans of one type than another. If you're purchasing a home, make sure you're working with a residential expert.

Are you affiliated with any mortgage associations?

Membership to some mortgage associations can be indicative of the broker’s oath to offer the best Canadian mortgage rate available. 

Can you provide me with references?

Ask them for names of recent customers or realtors with whom they’ve worked.

A combination of thorough research and proper inquiry should help you narrow down your pool of potential mortgage brokers for the best mortgage rate.

Canadian Farm News

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.

Commercial Mortgages

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!

Agricultural Mortgages

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.

Mortgage Calculators

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.

What is your mortgage rate? Lets find out!

The price of your home, your income and your credit rating have a huge effect on your interest rate! - let's find your precise rate, and help get you pre-approved.