What is the difference between a Mortgage Broker and a Bank Mortgage Specialist?

December 19, 2014 | Posted by: Dawn Stephanishin

Question:
What is the difference between a Mortgage Broker and a Bank Mortgage Specialist?

Answer:

That is a really great question! An Invis Mortgage Broker is 100% independent of any Financial Institution, Real Estate Firm or Lender. We offer a vast array of Lenders and Products to our clients and the Client’s best interest is always respected. As a Mortgage Broker, I have obtained my Accredited Mortgage Professional designation from the Canadian Association of Accredited Mortgage Professionals, confirming my commitment to yearly ongoing education and to ethical business practices.

A Bank Mortgage Specialist is an employee of a Financial Institution offering a single Bank product.

(All licensed Mortgage Broker will be registered with the Financial Institution of BC –under FICOM. You can also verify a qualified Mortgage Broker by their business card as it will not have a Bank Logo). Invis Mortgage Brokers are compensated by the Lender receiving the mortgage OAC/ E&O.
 

For Expert Advice, Contact …

Dawn Stephanishin, AMP
Mortgage Broker
www.dawnstephanishin.com
4705B - 29 Street, Vernon, BC
250-503-8788

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