Getting pre-approved and qualifying for a mortgage
Mortgage brokers don’t lend money directly to you. Mortgage brokers arrange transactions by finding a lender for you.
Some lenders only offer their products directly to borrowers, while some mortgage products are only available through brokers. Since brokers have access to a number of lenders, they may give you a wider range of mortgage products and terms to choose from.
Original Article Source Credits: Canada.ca , https://www.canada.ca/
Article Written By: NA
Original Article Posted on: 2019-09-09
Link to Original Article: https://www.canada.ca/en/financial-consumer-agency/services/mortgages/preapproval-qualify-mortgage.html