Mortgage Brokers vs. Banks: Which Should You Choose?

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When shopping for a mortgage in the past, the default option was to go to your local bank branch, but now times have changed. Mortgage brokers have been rising in popularity for years and even more so during the COVID-19 pandemic.

If you’re looking to get a mortgage but you’re new to the world of mortgage brokers, then you probably have some questions. Here, we’ll look at the difference between working with a bank and a mortgage broker, their pros and cons, and when to use one over the other.

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Original Article Source Credits: greedyrates, https://www.greedyrates.ca

Article Written By: Sean Cooper

Original Article Posted on: May 19, 2021

Link to Original Article: https://www.greedyrates.ca/blog/mortgage-brokers-vs-banks

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