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Why use a Broker?

Whether you are ready to buy a new home, refinance, consolidate debts or lower your mortgage payments it is important to know how a Mortgage Broker can assist you.

You may ask why use a Mortgage Broker anyway, especially if you have a relationship with a Bank?



 

A mortgage broker will represent you and present your mortgage application to the lender that is willing to give you the best rate and mortgage terms.
A mortgage broker's priority is getting you the mortgage that is in your best interests. This is an important distinction when compared to a Bank’s Loan Officer who serves the best interests of their bank and not yours.
Besides, these days with a Bank you are unlikely to receive a continuing relationship with your Bank Manager - instead you’ll talk to numerous staff with varying experience and enthusiasm levels. Banking just isn’t what it used to be.

The Simple answer is CHOICE.