Mortgage Brokers Alberta Professionals work as associates for MortgageBrokers.com Inc.
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| CURRENT MORTGAGE RATES | ||
| Term | Bank Rate | Our Rate |
| 6 Month | 4.75% | 4.60% |
| 1 Year Closed | 3.75% | 2.65% |
| 2 Year Closed | 4.05% | 3.30% |
| 3 Year Closed | 4.65% | 3.85% |
| 4 Year Closed | 5.14% | 4.29% |
| 5 Year Closed | 5.85% | 4.39% |
| 7 Year Closed | 6.80% | 4.90% |
| 10 Year Closed | 6.90% | 5.34% |
| Variable Rate | 2.85% | 1.75% |
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Home >> Why Use a Broker
Why Use a Broker
What is a Mortgage Associate?
A Mortgage Associate is an independent licensed professional who specializes in the origination of residential and/or commercial mortgages. Typically, they do not fund or service the loan itself, but instead, they act as a Facilitator or Manager for capital sources who act as loan wholesalers.
A Mortgage Associate is also an independent contractor working, on average, with 40 lenders at any one time. By combining professional expertise with direct access to hundreds of loan products, an associate provides consumers the most efficient and cost-effective method of offering suitable financing options tailored to their specific financial goals at no cost to the consumer.