Why Get a Mortgage Pre Approval?

Real Estate Agent Jennifer Goodman and Mortgage Agent Stacey Brasier discuss the benefits of getting pre approved for a mortgage before you begin your home s…
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Question by Hello!: In Canada, what fees do new home owners need to pay to organise a mortgage?

Best answer:

Answer by taismith
What do you mean “organize a mortgage”? If you go with a broker, included in the mortgage you agree to is the broker’s commission. If you go directly to the bank, there is no broker’s commission. But the broker’s commission, though sounding terrible, might be a better route to go because they can scour banks and lenders for the best rate for you which you might not even get directly from the bank.

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