Why use a Mortgage Broker rather than a bank?

Ryan Coffey
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Since my early days in real estate I have been steering Buyers towards Mortgage Brokers rather than banks. The short of it, which is somewhat elaborated in the video below, is because a Mortgage Broker has access to a wider variety of lending options. I think it is also worth pointing out that in my experience Mortgage Brokers, who (like me) only get paid when they put a deal together, are more motivated to give faster and better service than their counterparts at banks who collect a wage/salary whether your mortgage goes through or not.

The Mortgage Broker I am interviewing in the video is Brad Rembold of www.sanddollarmortgages.ca

Ryan Coffey