Mortgage in Brockville Ontario

August 2nd, 2019Brockville Mortgages

mortgage Brockville Ontario

There are a number of places you can get a mortgage in Brockville Ontario. Here are some examples of where you can get one.

 

Mortgage in Brockville Ontario

 

Mortgage Lenders

Lenders, lends the money to you directly. 

Some example lenders are:

  • lending companies
  • banks
  • credit unions
  • caisses populaires
  • insurance companies

Different lenders will have different terms, options and rates. It’s important to talk to a few different lenders to compare options. 

Being confident with your lender is important as usually you will be with them for a longer period of time, such as 5 years with a 5 year fixed rate. 

Learn more: 5 Year Fixed Rate Mortgage

Most lenders will charge a penalty if you decide to change lenders during the term. 

 

Brockville Mortgage Brokers

A broker does not lend the money directly to you.  They are there to find you a solution with a lender. 

Some lenders are only available with a broker. Therefore you be sure you are exploring options at all lenders, talking to a broker in Brockville is important. 

A broker can show you options from dozens of lenders. 

Brokers usually do not have fees for their service, so you can sit back and relax while they do all the work for you at no cost. 

Learn more: City of Brockville