Differences Between a Mortgage Associate and a Banker
MORTGAGE BROKER vs BANK
In the past, prospective home buyers turned exclusively to their banks for their mortgage needs, but now you have more options available with the growing presence of mortgage associates. We are licensed mortgage specialists who have access to, and knowledge of, the entire mortgage market, including over 20 lenders and their mortgage rates. There are many advantages to using a mortgage associate, and below we have outlined the differences between us and the bank.
Differences between a Mortgage Associate and a Banker
Mortgage Associate • Access to several lenders across Canada • Best interest rates in the industry • Work 7 days a week -Evenings & Weekends • Long term relationship • Access to new products immediately • Our best interest is yours! WE WORK FOR YOU, NOT THE BANK!
Bank
• One bank, One decision • Posted rates- best rates not offered upfront • Banker Hours • Promotion - Job description changes • Product changes take time to adopt • Their interest are their sales targets And quotas... not your interests
Mortgage Associate: Bank Access to several lenders across Canada: One bank, One decision Best interest rates in the industry: Posted rates - best rates not offered upfront: Banker Hours Work 7 days a week -Evenings & Weekends: Promotion - Job description changes Long term relationship: Product changes take time to adopt Access to new products immediately: Their interest are their sales targets And quotas... not your interests Our best interest is yours! WE WORK FOR YOU, NOT THE BANK!
