A Canada mortgage consultant represents its clients and presents them Canada mortgage application to the best lender that is willing to give the best rate and mortgage terms. A Canada mortgage consultant’s first interest is getting the client the mortgage that is in their best interests. This is an important distinction when compared to a bank loans manager who serves the best interests of his bank – and not the client.
How does it work with a Canada mortgage consultant? They use automated computer systems that scan all major lenders for best rates and special discounts, then match the best terms and mortgage provisions with the clients’ own unique needs. It is the personal advice from a Canada mortgage consultant that makes a real difference.
For all conventional residential mortgages NO fee is charged to the cliennt. This is possible because the mortgage consultant earns a referral fee paid by the lender. In specialty mortgages such as commercial, private placements, equity or bridge loans, lender or consultant fees may be charged. But, if such were the case any fee would be disclosed and discussed before any work commenced. Mortgage consultants have access to every major lending institution in Canada. This competitive network of lenders breed lower rates on mortgages, which means big savings for the client.
More information is available on www.mortgageconsultant.com