Mortgage brokerage: In your best interest
Embarking on a search for mortgage financing is not simple. Down payment, amortization, variable or fixed rate, refinancing… There’s a lot to consider! The professional authorized by the OACIQ who works in the mortgage field can guide you through each step of the process.
This professional is governed by the Real Estate Brokerage Act and must pass an entrance examination before being licenced to practice. He must also complete many training activities under the Continuing Education Program developed by the OACIQ.
A mortgage broker acts as intermediary between you and the lenders (a financial institution or a private lender). He will first collect all your financial information, then help you apply for a mortgage loan. He can also help you analyze your financial situation in order to find the mortgage loan that best fits your needs and offers the best possible terms.