Mortgage Brokers Mortgage Brokers | Page 7

Five Steps to Help Select the Best Mortgage Brokers in Toronto Canada  Ask People You Know for Recommendations   Spend Time Online   While it may be quite tempting to try a mortgage broker after checking some advertisements, it is of utmost importance to ignore unsolicited ads at all cost. Interview Your Selected Brokers   It is always a good idea to find a few mortgage brokers in Toronto, Canada and then research them online. You can check their profiles and portfolios to know how they have performed in the past. Never Trust Unsolicited Advertisements   One simple way to find a good local mortgage broker is to ask your colleagues, real estate agents, friends, and other homeowners for recommendations. Another good way to find a good local mortgage broker in Toronto is to interview them. You should read online reviews to shortlist at least three mortgage brokers. Then, you should talk to them in person. Ask about their Rates  Never finalize your deal with a mortgage broker unless you have clearly inquired about their fees, rates, and points. Mortgage brokers make profit by connecting you with lenders and this profit may be in the form of commission fees or points.