Why use a mortgage broker?

Brokers’ are Independently Trained Professionals

Licensed to Represent and Provide You with the Best Advice for Your Mortgage and Financing Needs.

A Brokers primary expertise is locating funding for mortgage financing. We know where the best rates can be found because we have the benefit of dealing with multiple lenders at one time. What’s more, we have the knowledge required to present an application for a mortgage to lenders in the best way possible to successfully obtain mortgage financing.

We take great pride in the service we provide. We have a vested interest in satisfying your mortgage needs.

Brokers Represent You, Our Customer, Not the Lender

Because Brokers are not employees of a lending institution, we are not limited in the products we can offer you. As your Broker, we seek out the best lender package to suit your specific situation, whether it’s with a Bank, Credit Union, Monoline, Insurance Company or Trust Company.

With the wide assortment of options and features available to mortgage borrowers today, shopping around takes a lot of time and effort. The mortgage process within today’s very competitive marketplace intimidates many Canadian borrowers, so it pays to work with our mortgage professional that will represent you and ensure that the mortgage you get is the one best suited to your needs. Our mortgage brokers have access to the latest information from over 40 mortgage lending institutions and the expertise to steer you in the right direction. Let us help you find the best mortgage.

How Brokers Get Paid

For typical residential mortgages that are usually funded through an A lender including a bank, credit line, monoline and insurance company the lender will pay us a finder’s fee, therefore we won’t need to charge the client a fee. If the loan is under 200,000, then a small fee may be required. For B deals that are usually funded through trust companies, credit unions and private lenders, fees will be charged because we are not compensated by the lender. For commercial deals fees are charged, and in some instances the fee can be added to the rate.

Blue Chip Mortgage Corporation is a leading mortgage brokerage firm based in Toronto, offering some of the lowest and most competitive mortgage rates in the market. We provide our mortgage services across Toronto, Vaughan, North York, Barrie, Yonge Street, Lytton Park, Forest Hill, Oakville and the surrounding areas.