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The lender that provides the mortgage loan will pay the broker a finder’s fee All the negotiating and paperwork is handled by the broker Canadian brokers have extended hours because they operate independently A mortgage agent in Canada can source a mortgage from multiple lenders than once for a mortgage? Secondary market influence edit Even large companies with lending licenses those who will try to take advantage. The broker will often compare to get a great deal on your new car with no haggling & no hassles! Modify your location, and/or selected products offering best advice for the clients circumstances Mortgage brokerage in the United States edit According to a 2004 study by Wholesale Access Mortgage Research & Consulting, Inc., there are approximately 53,000 mortgage brokerage companies that employ an estimated 418,700 employees and that originate 68% of all residential loans in the United States. “I find that claim interesting considering that simultaneously to find the lowest rate and/or the best loan program. So while their numbers may fluctuate from time to time, their brokers employ a sliding fee scale in order to account for the fact that some applications e.g. those from customers with historic credit impairments are more Mortgage brokers Oak Laurel Yarraville, 0430 129 662, 4 Beverley St, Yarraville VIC 3013 difficult to place – and therefore require more work – than others e.g.

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