Buying a house is a complicated process. So complicated, in fact, that it’s best to not go at it alone.
That’s why many Canadians choose to work with a mortgage broker when they’re looking for mortgage approval or pre-approval. Mortgage brokers are licensed professionals who serve as a meditator between lenders and borrowers. They don’t usually offer you the mortgage directly but instead show you a wide range of mortgage options from a variety of lenders.
The whole point of using a mortgage broker is to save time that you’d otherwise use shopping for rates, so why spend a lot of time looking for which mortgage broker you should choose? We did the research for you. Here are our choices for the best mortgage brokers in Canada.