If you are looking for a mortgage in Ontario, there is a better option than going to your bank. Banks in Ontario, Canada lend money with more freedom than during the global economic crisis, but rarely offer the best deal to walk down the street.
Offices in tall buildings in downtown Toronto that are owned by the major Canadian banks each have an interest to attract Canadian business loans in their product offerings.
Loan officer working for the bank, and can only offer limited mortgage products or solutions. On the other hand, mortgage broker works for you and can help you find the best deal for your mortgage needs by purchasing your loan through various types of lenders in Ontario and elsewhere in Canada. You need to hire a smart mortgage broker in Windsor.
Getting adequate funding is crucial in buying a home in Canada because it may be the largest single purchase you make in your life. There is no tax on capital gains on real estate in Ontario, Canada.
A Canadian mortgage broker has access to a mortgage bank and can often get better deals for you that if you approach your own bank. Also, a mortgage broker in Ontario has access to hundreds of other financing options, including loans from the Canadian company's financial, trust companies and private lenders.
You can save time and money do not have to shop around for your mortgage Ontario on your own and you just need to fill out an application.