Broker vs. bank
Why work with a broker
Independent advice that puts your needs above everything
Banks can only offer you what they have on their own shelf, but as an independent mortgage broker, I have access to dozens of lenders and hundreds of products to find the one that truly fits your life. My loyalty is to you, not to a bank's bottom line.
More choice, more options, and more honest advice
Why a broker makes sense
Access to more lenders
One application, dozens of lenders competing for your business.
Advice without a sales agenda
Recommendations based on your needs, not quarterly targets.
A wider range of products
More options means a better fit for your life.
An advocate in your corner
Someone working for you from start to finish.
What a bank will never tell you
The difference that actually matters
When you walk into a bank, you are speaking with someone whose job is to sell you that bank's products, and nothing else. As a broker, my job is entirely different: I work for you, not for a lender, and my only goal is finding the mortgage that fits your situation best.
After spending years inside major banks, I left because I wanted to give clients the kind of advice I could never offer from behind a bank desk. That experience gives me a deep understanding of how lenders think, and exactly how to position your application to get the best possible outcome.
A broker shops the entire market so you never settle for less.
Banks only show you their products, never the full picture.
Working with a broker costs you nothing and gains you everything.
Your mortgage should be built around your life, not their lineup.
Frequently asked questions
Everything you need to know about working with a broker instead of a bank.
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A bank can only offer you their own mortgage products, while a mortgage broker has access to a wide network of lenders including banks, credit unions, and private lenders. This means a broker can shop the market on your behalf to find the best product and rate for your specific situation.
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In most cases, working with a mortgage broker costs you nothing at all. Brokers are typically compensated by the lender once a mortgage is successfully placed, which means you get access to expert advice and a wider range of products without paying out of pocket.
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A broker typically does a single credit check and uses that to shop your application across multiple lenders, which is far less impactful than applying to several banks individually. Each individual bank application triggers its own credit inquiry, which can add up quickly.
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Having a relationship with your bank is great, but it does not mean they are offering you their best product or that their product is the best one available to you. A broker gives you an independent second opinion and access to options your bank will never show you.
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Often, yes. Because brokers work with multiple lenders and submit a high volume of business, they frequently have access to rates and products that are not available directly to the public through a bank's branch. Your bank is motivated to protect their margins. I am motivated to find you the best fit.
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Yes. Mortgage brokers in Ontario are licensed and regulated by the Financial Services Regulatory Authority of Ontario (FSRA), which means you are protected by strict professional standards. Working with a licensed broker gives you confidence that the advice you are receiving is held to a high standard of accountability.
Ready to see what a
broker can do for you?
Let's find the mortgage your bank never would have offered!