Yes. Mortgage brokers work hard to ensure that their clients receive the best deals. Whether it be lower interest rates, sizeable funding, shorter amortization periods or custom loan terms; a mortgage broker will strive to meet their client’s needs and find the best mortgage for them.
With a mortgage broker by your side, you are almost guaranteed approval. Mortgage brokers receive their commission only when the deal is closed. This is why they work hard to ensure every party’s time, money and energy aren’t wasted. A mortgage broker in BC will stick with even the most difficult client to ensure they are delivered an ideal mortgage.
Mortgage brokers typically ask for 0.5 to 1.2% of your total mortgage amount. Depending on the type of mortgage and the services you require, the exact amount may vary.