Banker or Broker
Would you ever consider making a business transaction and taking your advice from the person you are negotiating with? Neither would we! So why do 70% of Canadians take advice from their bank on what is in their best interest when negotiating their mortgages?
In most other countries, the majority of consumers arrange their mortgage through a licensed broker. In Canada, less than 30% of people do. That means over 70% of Canadians take what is offered from their bank instead of exercising their right to shop around and force the banks to compete for their business. This costs Canadians millions of dollars every year in additional mortgage interest.
Mortgage Brok-en?
Mortgage brokers are supposed to keep our banks in check and ensure that from coast to coast you get the best possible terms for your mortgage every time. It would be nice if that could happen, but unfortunately, not all brokers are created equal.
There are good brokers, and there are bad brokers. The problem is, there are way more bad ones than good ones! That’s why so few Canadians are willing to put their faith in a mortgage broker, choosing instead to trust their banks who are taking full advantage of the situation. Something needs to change, doesn’t it?
Getting Connected!
The g.i.v.e. Network has recently launched g.i.v.e. Mortgages. We offer free mortgage planning and processing, same-day approvals and will even teach you how to eliminate your mortgage in 12 years or less.
Contact us now so we can connect you with one of our amazing mortgage specialists to take you through our completely no-fee and transparent mortgage negotiation process.
