"What is a Mortgage Broker?"
A Mortgage Broker is basically a "middle man" between you and all the banks and mortgage lenders out there in the Canadian mortgage market. A Mortgage Broker searches and shops the market for you to find you the best interest rate, mortgage product and options FOR YOU, NOT THE BANK!
There are hundreds of different mortgage products and rates in the market that most people don't even have access to. A mortgage broker's job is to find them for you! We can usually offer you better rates and products, even from your own bank.
A Mortgage Broker is for EVERYONE...whether you have excellent credit, poor credit, a large downpayment, no downpayment, refinancing for a lower rate, need extra money on your existing mortgage, mortgage renewals, vacation home purchases including US Homes and much more!
It costs nothing to use a mortgage brokers services...they are FREE to you since the banks pay a finders fee to the broker for finding them new business.
Mortgage Brokers are flexible with your schedule and usually available 7 days a week, including evenings. They can arrange the whole mortgage by phone, fax &/or email and are also available to meet in person at your convenience.
So why not check out your options first with a mortgage broker for one of the biggest investments you will ever make..it could save you THOUSANDS!
Find Trusted Saskatoon Mortgage Brokers listed here in the SASKATOON MORTGAGE Category on THE Saskatoon directory of excellence.
Tip provided by Tamara Mezzo- who was a Previous Trusted Saskatoon Mortage Broker