What Does a Mortgage Broker do?

A mortgage broker acts as an intermediary who brokers mortgage loans on behalf of individuals or businesses.

Mortgage brokers will help find a bank or a private lender with competitive interest rates on your behalf that best fit your needs. Mortgage brokers have a well-developed varied list of lenders they work with and different brokers can have different lenders.

Mortgage brokers in Squamish and all of Canada are paid by the lender and do not charge fees for good credit applications.

Happy couple with Mortgage

Benefits of a Squamish Mortgage Broker

✔ Compared to a bank, mortgage brokers deal with many lenders and so have more leaning options.
✔ You can also save time by using a mortgage broker; it can take hours to apply for different loans. A broker can save you the hassle of managing that process.
✔ Choosing a Squamish Mortgage Broker will give you the knowledge of the local market which can help in getting your loan.
✔ Mortgage brokers are generally willing to make appointments at the time and place that’s convenient for you, including after work hours or on weekends.
✔ Home loans are so much more than just interest rates. A professional broker can explain the various subtleties of different loans which can make a big difference to the bottom line