RICHMOND AND GREATER VANCOUVER REAL ESTATE NEWS

Understanding the Difference: Mortgage Broker vs Bank

Understanding the Difference: Mortgage Broker vs Bank

Michael Cowling
Published on: 07/11/2025

Deciding between a mortgage broker vs. bank in Canada? Our guide breaks down the key differences, from loan options and negotiation power to fee structures and specialization. Learn whether direct bank lending or a broker's access to multiple lenders best suits your mortgage needs, especially for unique financial situations like freelancers or first-time homebuyers.

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