Why Work with a Mortgage Broker Instead of a Bank?

There are a lot of misunderstandings about mortgage brokers. Some people think our job is just about rate shopping and hunt for the lowest mortgage rates, while others assume we charge steep fees for something they could easily do themselves. Let’s set the record straight and break down what we really do—without the corporate lingo and with a bit of personality.

So, What Exactly Do We Do?

Think of us like wedding planners, but for mortgages. If you were getting married, would you rather spend hours researching and visit every venue, caterer, and DJ on your own? Or would you rather have an expert who knows the best options, negotiates deals, and makes sure you don’t accidentally book a cheese fountain buffet for guests are lactose intolerant? That’s us!

Instead of working with just one lender, we have access to multiple banks, credit unions, monoline lenders (who only do mortgages), and alternative lenders. What?!?!? Yes, that's right! Mortgage brokers have access to banks!, some people think we don't!

This means we can find the best mortgage for your unique situation—not just whatever one institution is offering.

More Choices, Better Rates

Banks can only have access to their own mortgage products, meaning you’re limited to their rates, their rules, and their approval process. Sometimes its tough to qualify only under one guideline... A mortgage broker, on the other hand, has access to multiple lenders—including banks, credit unions, and alternative lenders—so you get more options and a competitive rate that fits your financial situation.

The Big Question: How Do Mortgage Brokers Get Paid?

Unlike a bank, which prioritizes its bottom line, a mortgage broker works for you. Our job is to find the best mortgage solution based on your financial goals—not to push a specific product. Plus, in most cases, there are no fees to work with a broker! In rare situations—such as complex cases or private lending—there may be lender and/or brokerage fees, this will be mentioned upfront before deciding to proceed. No hidden costs. When your mortgage is finalized, the lender pays the brokerage and the brokerage pays us!

Expert Advice & Smooth Process

Mortgage brokers don’t just find great rates—we guide you through the entire process, help you understand the product, and make sure you don’t accidentally jeopardize your approval (like financing or leasing a new car before closing!). We also handle the paperwork and troubleshoot any issues that arise.

If you want more options, expert advice, and a stress-free mortgage process, working with a mortgage broker is a no-brainer.

Thinking about buying or refinancing? Let’s chat! I'd love to assist you in finding the best solution that fits your financial plan!

Give us a call or book a time!

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