Mortgage brokers are independent, trained professionals who are licensed to represent you in your search for a great mortgage. We work hard to provide you with the best advice and options for all your mortgage needs. Our specialty is knowing where to look for the lowest rates and best terms. What’s more, we have the knowledge and experience required to present your application to prospective lenders so you receive the best chance of an optimal approval.

Brokers work for the customer not the bank

We work for you.

An intermediary is the technical term for how we work with lenders and borrowers. In very plain language what it means is this. Mortgage brokers don’t work for a lending institution, we actually work for you. We are not limited to a few mortgage products offered by a single lender. As independent mortgage we are able to offer mortgages from over 30 lenders across Canada. Because of this we can find you the best mortgage for your needs, whether it’s with a chartered bank, credit union, trust company, mortgage company, or pretty much any other source of mortgage funding available.

We save you time!

There are a large variety of mortgage features and options available to home buyers today. Shopping around for mortgages on your own takes time and effort if you want to really understand what you are signing up for. The application process in today’s extremely competitive and fast changing mortgage marketplace is often frustrating for Canadian home buyers. For this reason, it pays to work with an experienced mortgage professional. We can make sure the mortgage you get is the one you actually need.

We get you lower rates.

Mortgage brokers are in contact daily with lenders and know right away which applicants and property types attract ideal interest rates from one institution, but attract higher rates at others. In fact, some lending institutions will only accept mortgage submissions directly from mortgage brokers.​

Interest rates and lender appetites for certain types of loans can change on the daily depending on economic factors. For example, the size of an institution’s portfolio in a particular type of mortgage can change their willingness to lower rates and attract new business. Your broker stays current and knows which lender to approach first. As a result, the mortgage rates we obtain for you are based on the best available at that particular time. ​

Can I still use my own bank while with a broker?

Yes you can. In many cases having us represent you to your own financial institution will result in better rate than you would get negotiating on your own. Banks and brokers actually work together quite nicely as the broker channel is a valuable source of mortgage customers. When we present your application for approval to your own bank, they know that you are shopping around which makes them motivated to offer you a competitive rate. And you can get it without all the back and forth haggling or game playing you’d normally have to do on your own.

In almost all cases it makes sense to deal with a mortgage broker. On the few occasions when it makes better sense to go direct to a bank we will be happy to point you in the right direction as honest advice is our team’s guiding principle at Family Mortgage Planners. At the end of the day we are really in the “good advice” business. The better the advice we give, the more mortgages end up coming our way in the end. If you are ready to start working with us today give us a call, try our quick calculator or start a secure online application.

©2019 by Family Mortgage Planners.

​