Mortgage Broker or Bank?

Should you work with a mortgage broker or bank when it comes to finding a mortgage? Well lets compare the two to see how they stack up:

A mortgage broker works for you; a banker works for the bank
A mortgage broker's job is to save you money; a banker's role is to save the bank money
Brokers only sell mortgages; banker's job is to cross sell other more lucrative bank products
By only offering special deals on certain products it pigeon holes the client into taking the mortgage the bank wants you to; mortgage brokers have wholesale rates on all our product offerings
Banks rely on a clients loyalty for their mortgage business; brokers get their business from offering the best mortgage rates and having great service and advice
With your banks, making appointments and waiting in the lobby are par for the course; with a broker, no appointments are necessary, we work around your schedule
Banks offer their clients posted bank mortgage rates at time of renewal; mortgage brokers get you wholesale rates every time
Mortgage brokers post their best mortgage rates online for every one to see; the best mortgage rates at your bank are different for every client
A mortgage broker has education requirements and provincial licensing; your banker is has neither

The benefits to using a mortgage broker are obvious. Even if the difference in interest rates is small, its your money. Think about that, why would you pay more to deal with your bank? Any amount money you pay on top of what we are offering is simply going to your banks bottom line. Let us show you home much money we can save you on your monthly housing costs every month.