Helping purchasers make informed decisions

The Toronto Star article covering the pros and cons of utilizing mortgage brokers vs dealing directly with a bank offers insight into properly evaluating your own financial position and the scenario around your purchase.

"The main difference is a bank mortgage officer represents only the products their institution offers, while a mortgage broker is an intermediary who works with multiple lenders and is paid a referral fee by the lenders. Mortgage brokers are regulated in Ontario by the Financial Services Commission and require a licence.

Purchase Financing Articles

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