Mortgage Brokers Of Calgary

What exactly is a mortgage broker?


Basically, a mortgage broker is a representative for all of the Canadian lending institutions in Canada. Their function is very similar to that of an insurance broker. A bank representative that works in one particular lending institution is employed by that b...

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Do mortgage brokers charge a Fee?

That varies from broker to broker, but most of the brokers do not charge the borrowers. As mortgage brokers work independently, they should be licensed. They charge a fee for their service, but the lender mostly pays it.
This is because they are getting lender ...

Mortgage Qualifier Tool.

Thinking about buying a new home? First time home buyers need to pass a stress test to see if they can afford the home they want to buy.
The Government of Canada provides this easy to use tool to help you figure out if you can afford the mortgage you are looking for, gi...