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Broker vs Bank

Broker vs Bank - The Big Question!

September 16, 20241 min read

The BIG (and one of the most frequent) QUESTIONS... MORTGAGE BROKER VS. BANK - WHAT IS THE DIFFERENCE?

Here are
𝟑 𝐫𝐞𝐚𝐬𝐨𝐧𝐬 𝐰𝐡𝐲 𝐲𝐨𝐮 𝐬𝐡𝐨𝐮𝐥𝐝 𝐮𝐬𝐞 𝐚 𝐦𝐨𝐫𝐭𝐠𝐚𝐠𝐞 𝐛𝐫𝐨𝐤𝐞𝐫 vs going to your bank for your mortgage:
⠀⠀⠀⠀⠀⠀⠀⠀⠀
𝐁𝐞𝐭𝐭𝐞r Mortgage 𝐑𝐚𝐭𝐞𝐬 – Because lenders compete for our business, we get access to discounted rates based on volume and we pass these savings directly on to you.
⠀⠀⠀⠀⠀⠀⠀⠀⠀
𝐀𝐜𝐜𝐞𝐬𝐬 𝐭𝐨 𝐦𝐨𝐫e mortgage 𝐥𝐞𝐧𝐝𝐞𝐫𝐬 - When you apply for a mortgage at a bank or credit union, you only have access to the products they offer in house. With a mortgage broker, you get access to dozens of lenders.
⠀⠀⠀⠀⠀⠀⠀⠀⠀
𝐎𝐮𝐫 𝐬𝐞𝐫𝐯𝐢𝐜𝐞𝐬 𝐚𝐫𝐞 𝐟𝐫𝐞𝐞 – we are compensated by the lender. This might be one of the biggest misconceptions about working with a broker. Our services are free to you and no, our cost is not added to your mortgage.

Reach out today for your free, no obligation mortgage appointment.

Leanne Funston
The Place To Mortgage - Mortgage Alliance
📧 [email protected]
☎️ 250-320-5514
🖥 www.theplacetomortgage.com/agents/leanne-funston

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Erin B. & Kodi N.
100 Mile House


I highly recommend Leanne. We just bought our first home and has been absolutely fantastic. Leanne had answers to every single one of our questions and is super patient. She walked us through step by step and really help calm my anxieties about buying. She got us a great mortgage rate. I have nothing but good things to say about Leanne, she’s amazing!

Chapail Rua - Quesnel

I was purchasing a property on my own without any experience
and Leanne walked me through every step with grace and professionalism. She was very responsive and informative and sought out the answers to my questions if she didn't know off hand. She was also very patient with me as I went through the emotional rollercoaster that purchasing property can be. I am very grateful for her help and I highly recommend her.

Theresa W. - Kamloops


Leanne has been simply fantastic to work with! She answered all of our questions and was very helpful.

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Leanne Funston

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