What’s the difference between a Broker vs. a Banker?

 A mortgage is a mortgage right? The difference lies in who you secure it from. Brokers shop the market for you to secure the best overall cost of borrowing for your unique needs. If your finances are not as strong as you would like, mortgages brokers are quite likely to assess other alternatives to help you secure a loan, instead of denying you outright. Mortgage brokers work with a variety of lenders, some of which work exclusively with mortgage brokers.

Our volume discounts are passed directly to you so we always offer our best rates upfront. Banks can only offer you products from the bank they work for and they most likely aren’t going to tell you if there are better products out there for your situation.

Even if you’ve been using the same bank for years, theres a slim chance of receiving any special treatment. When it comes to a mortgage they’ll offer you the same rates and features as any new client walking in the branch for the first time. I have often been able to beat what a clients own bank is offering them. Yes, you read that correctly. I can often offer you a better rate through a major bank, then they’ll offer you, their long term client. 

Mortgage brokers have access to, and knowledge of, the entire mortgage market, unlike an individual financial institution. We give you choice and only care about your mortgage. We won’t be pushing other credit items and asking you to open bank accounts with us. Best part is, our services are completely free to you.