1. The Best Rate
Mortgage brokers have access to multiple sources of funding, from chartered banks to private lenders. We deal with them on a daily basis which gives us the leverage to negotiate the best terms and interest rates for your mortgage.

2. Intelligent Decisions
Open or closed mortgage? Fixed or variable rate? Monthly or weekly payments? A professional mortgage broker can help you choose the best options for your particular situation.

3. No-Charge Service
In most cases, mortgage brokers get paid by the financial institution, not you. There is no incentive for a mortgage broker to favor one lender over another.

4. Impartial Advice
Mortgage brokers work for you, not the financial institution. They are 100 percent committed to finding the best home financing options available to you and tailored to your specific financial goals.

5. Convenience
A mortgage broker will take care of all the details; from the meetings with lenders to the negotiations of rates and terms right through the completions of all the paperwork.

6. Pre-qualifying
What’s the maximum amount that a financial institution will loan you for your home? A mortgage brokers can help you determine that at the very start if your buying process and lock in an interest rate for a period of up to 120 days.

7. Credit Issues
If you’re self0employed and have difficult proving income or have had credit issues in the past, a mortgage broker can help you identify and mitigate any problems with your credit application before you submit it.

8. Complications
Because of the complexities of mortgage financing, situations can arise that may be difficult to address on your own. A mortgage broker can be your best advocate, steering your mortgage through the required channels much more efficiently then you could on your own.

9. Communication
If you’re dealing with a financial institution on your own, you may get lost in the shuffle and find yourself wondering what’s happening with your application. Mortgage brokers are highly motivated to work closely with their clients to ensure everything stays on track.

10. Peace of Mind
Members of the Mortgage Brokers Association of British Colombia must adhere to a very strict Code of Ethics and can help you avoid fraudulent or unethical behavior. They can also refer you to qualified professionals, from property appraisers to lawyers and notaries.