What happens when your landlord misses mortgage payments? + MORE Jun 11th
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Thinking of a private mortgage? Here’s what lenders want to see + MORE May 9th
Some banks rethinking strategy on home mortgage competition + MORE Sep 7th
Mortgage broker vs. bank—which will save you more money?
– moneysense.ca
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Mortgage brokers and banks: What’s the difference?
FeaturesMortgage brokersBanksMortgagesCan show you a range of mortgages, but know that not all lenders go through brokersLimited to its own mortgagesCommunicationRepresents your interests during the application process with lendersYou deal with the lender directlyFeesBrokers sometimes charge a client feeNo broker feesApproval processA good broker can look for mortgages based on your income and credit score, so the lender is more likely to approve your mortgageLarge banks can be picky when deciding whether to lend to you
When to get a mortgage from a bank or from a broker
The decision is really up to you…
Nesto eyes controlling stake in CMLS Financial, media report suggests
– canadianmortgagetrends.com


