http://www.ratehub.ca/bank-vs-mortgage-broker
Have you ever wondered what the difference between a Mortgage Broker and a Bank are? This article is a great starting point for choosing between the two.
As the article states a Mortgage Broker can get any type of mortgage rate or product whereas a Bank can only get the rates and product that they offer within the company.
So which one is better for you? Shopping around between Mortgage Broker and Banks are usually the best way to start out. After comparing a few rates and products you should feel comfortable to make the best choice. If you don’t, then keep looking around until you feel comfortable.
Come back soon for more interesting articles and great tips for your home.