What is a Mortgage Broker?

A Mortgage Broker is an independent professional that works with multiple lenders to find you a mortgage that will suit your needs.They will find a lender with the best rates and terms for your situation. There is usually no fee to work with a mortgage broker if you qualify under standard lending guidelines. We get paid a commission or finders fee from the lender. If there is a fee, this will be disclosed and documented up front. I bet your bank can’t say that they are available on a schedule most convenient to you, as I also work evenings and weekends – 7 days a week!