There are generally two ways to get a mortgage in Canada: From a bank or from a licensed Mortgage Professional.
It's important that you are making an educated buying decision with professional unbiased advice. Whether you are 55 years or older and are looking to utitilze your equity in your home as a source of funds while retaining ownership, purchasing a home for the first time, taking out equity from your home for renovations or your current mortgage is simply up for renewal.
While a bank only offers the products from their particular institution, licensed Mortgage Professionals send millions of dollars in mortgage business each year to Canada's largest banks, credit unions, trust companies, and financial institutions; offering their clients more choice, and access to hundreds of mortgage products! As a result, clients benefit from the trust, confidence, and security of knowing they are getting the best mortgage for their needs.