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Guide to Working with Mortgage Brokers and Lenders

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Guide to Working with Mortgage Brokers and Lenders


Estimated reading times: 8 Minutes

Working with Mortgage brokers and lenders in Canada is the focus of today’s guide.

Your mortgage will be one of your biggest financial investments.

When dealing with this money, you want to ensure it’s being spent as effectively as possible.

There are many experts who can guide you through the entire process.

Guide for Working with Mortgage Lenders and Brokers in Canada

Mortgage Process Key Players

You’ll encounter two key players through the real estate process: mortgage lenders and mortgage brokers.

On the basis of these titles, it is easy to assume that their roles are interchangeable.

In the mortgage process, each professional performs at least two different and essential functions.

It is essential to know the difference between mortgage lenders and brokers before you start the mortgage process.

This article helps to clarify these roles by providing clear distinctions, helping you choose the best option for your needs.

What is a Mortgage Lender?

Most homeowners have had some contact with a lender at one time or another.



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