What is a Mortgage Broker?

A Mortgage Broker is a professional trained to represent you, the borrower,

in obtaining financing from a variety of lending sources. In the Province of Ontario,

Mortgage Brokers are licensed and regulated by the Financial Services Commission of

Ontario (FSCO).

By using a Mortgage Broker, you will have access to numerous lenders, including

Chartered Banks, Trust Companies, Credit Unions, Private Lenders and Alternative

Lenders who are not accessible to the general public, but only to Mortgage Brokers.

Mortgage Brokers shop the market place to find the best Interest Rates and the best

suitable Mortgage products for their clients.  

Mortgage Brokers have the required knowledge to present a proposal for financing

to a lender, in the best way possible to successfully obtain your mortgage. 

Mortgage Brokers ONLY represent you, the borrower, and NOT the lender. 

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