THE FINANCIAL CONSULTANT IS ALWAYS A FREE SERVICE. IN SOME CASES ADDITIONAL FEES WILL BE APPLICABLE…..SEE OUR “ HOW MUCH DOES YOUR SERVICE COST ME?” SECTION. AS A RULE, WE ARE ABLE TO GET A BIGGER SHARE OF THE MARKET THEREFORE MOST LENDERS WILL PAY A FINDER’S FEE TO MORTGAGE BROKERS AND ALSO OFFER THEM THE BEST DISCOUNTED RATES AND FAST APPROVALS TO GET THEIR BUSINESS. THIS IN TURN WILL LET THE MORTGAGE SPECIALIST* SHOP AMONG THE VARIOUS FINANCIAL INSTITUTIONS FOR THE BEST MORTGAGE RATE AND PRODUCT THAT WILL SUIT THEIR CLIENT. THIS IS USUALLY DONE WITH NO COST TO THE CLIENT.

IN CASES WHERE TRADITIONAL LENDERS WILL NOT APPROVE A MORTGAGE DUE TO POOR CREDIT AND WHERE THE APPLICATION MUST THEN BE PLACED WITH A PRIVATE OR NON-TRADITIONAL LENDER, A BROKERAGE FEE MIGHT BE CHARGED TO THE CLIENT. IF THIS HAPPENS, THE COST MUST ALWAYS BE GIVEN TO THE CLIENT BEFORE IT CAN BE CHARGED.