Approximately two thirds of mortgage borrowers settle for a mortgage with the bank that handles their day-to-day accounts.

Your bank can only offer you one type of products (theirs!) even if there may be better (and cheaper) alternatives elsewhere. It pays to shop around. This blog post highlights a Bank of Canada report that proves it.

An independent mortgage broker has access to a wide range of lenders including banks, credit unions and monoline lenders (who are like wholesalers for brokers).

The mortgage landscape is ever changing. An experienced mortgage broker will guide you through the increasingly complex qualification process and help you achieve big savings through the right combination of rate and features.

Using an independent mortgage broker costs you nothing because we are paid a finder’s fee by the lender who wins your business when the transaction is completed.

On that note: I’m a mortgage broker! If you want to learn more about me, check my About Dave section. If you’re ready to get started, call 416 304 0100 (ask for Dave), send me an This email address is being protected from spambots. You need JavaScript enabled to view it., or apply online.