Why Choose Mortgage for Less over my bank?

In dealing with a bank you only deal with one lender, your lender, one at a time.  Mortgage Brokers deal with many lenders at a time, providing customers with a better choice of mortgage products and services. Bank employees deal with many kind of financial instruments from Mortgages to Credit Cards to Financial Planning. Mortgage Brokers specialize in Mortgages only. If you needed a medical operation would you go to a GP?

We complete one Credit Report that can be used with multiple lenders – therefore this will unaffect your credit score vs. going to many lenders yourself.

Mortgage Brokers are compensated by the Bank they obtain the Mortgage from  - only on successful closing of your mortgage - so don’t you think they will work harder than a banks salaried employee to make sure you are happy with the mortgage and that your mortgage closes effectively. Also you will save a great deal of time because we will complete the whole process via current technology and telephone - you won’t waste countless hours visiting bank branches.

We receive daily updates on interest rates and promotions that you would never know about. This provides you the lowest rates and saves you a great deal of time which you would otherwise spend shopping the mortgage market yourself spending your own precious time.

Since we can conduct millions of dollars in mortgage volumes with many financial institutions, we often get extra benefits, such as lower interest rates and faster approvals. These benefits are passed onto you as a client, which you would otherwise not get as an individual borrower.

Why not have a professional mortgage consultant do all the research and paperwork to find you the best deal in the Canadian Mortgage Market at no additional fee to you?

Does Mortgage for Less charge a fee for the service?  NO! 

On standard, qualified applications there is never a fee charged to arrange a mortgage. On situations where clients don't meet standard mortgage approval guidelines there may be a fee charged, which will be quoted up front. We have access to many banks and lenders who are looking for your business and will pay our company to bring the business to them in one nice neat package. They do far less work, so with these savings they pay us a fee so there is never a fee to you!  In many cases these lenders are the same Banks you are dealing with and sometimes a division of the bank under a different brand name, you may not aware of.