
- Jan 14, 2019
Why Use A Mortgage Broker Instead of A Traditional Bank?
If you are in search of a mortgage to purchase a home, or maybe you want to renew an existing mortgage on your property, which option will you go for?... a mortgage broker or a traditional bank? The major difference between the two is that a bank mortgage officer provides only the products offered by his or her institution while a mortgage broker acts as an intermediary that liaises with different lenders. Mortgage brokers are paid a referral fee by the lenders they liaise wi