There have been quite a few shortages for proper mortgage consultation in Toronto for a while. To resolve this, UNIQ Mortgage introduced its first-ever broker dealer store in August 2009. The mortgage store is located in the heart of Toronto’s financial region. Its underground location makes it a popular stopping by area for numerous individuals during their food breaks.

The store’s purpose is to allow our Toronto based clients to have direct and real conversations with our professional brokers.  Since the introduction of UNIQ Mortgage, the main idea has been to give you the best advice related to Mortgages. You can find the best mortgage goods with the best market rates in our store made to cater to your needs.

We deal in three languages, which include English, Hindi, and Punjabi depending upon your preferred language choice. The store is proud to have a highly competent staff, which guarantees you great consultation services on your visit.

Mortgage Brokers in Toronto

To get the most affordable mortgage rates in Toronto, contact a mortgage agent present in your district. You can communicate your concerns and terms to the hired agent who will provide suitable cost-effective solutions. The agent will also inform you about the best affordable lenders and banks across Canada.

Why Hire A Mortgage Broker in Toronto?

There are many advantages that you can gain by hiring a suitable mortgage broker. Here are some for you to know:-

  • You can have unlimited access to your agent’s mortgage industry knowledge in detail.
  • You won’t have to worry about negotiating on your own. Your agent handles all the discussions.
  • You will have greater knowledge of more well-known lenders, related products, and more affordable rates.
  • You can meet your hired broker for consultation at your convenience. A broker always has a flexible schedule to cater to your needs.
  • The broker service has no charges as the lender who gives you the mortgage pays the broker.
  • You can avoid the pulling of your credit report on numerous occasions with the ability to differentiate in mortgage rates.

The Licensing Process for Canadian Mortgage Agents

If you wish to acquire a Canadian Mortgage Broker License, then you will have to meet certain regulations. These include the requirements set by the Financial Services Commission of Ontario (FSCO). There are some educational requirements as well that are supposed to be approved by the supervisor and the FSCO.  Ensuring that all necessities are complete, you will get the broker license in time.

Mortgage Brokers Association of Ontario

The Mortgage Brokers Association of Ontario is the responsible institute that provides the broker license. The association offers educational courses to its members to deal with different issues regarding mortgages. The members are supposed to portray the required professionalism and meet the qualifications as demanded by the Association. The members after going through several learning processes can deal with different agencies, licensing bodies and regulators.

The Other Experts Involved

If you are purchasing a new property, you might come to know about some other professionals working in the field. These include realtors, home supervisors, and property lawyers.

A realtor is a professional who will help you find the type of property you are looking for. He/she will also complete the negotiation process for your convenience.  The Real Estate Council of Ontario (RECO) oversees the laws regarding realtors as per the provincial government’s regulations.

On the other hand, home supervisors are currently under no examining authority. However, Ontario is planning to introduce a rule book to regulate such professionals. The Ontario Association of Home Inspectors consists of qualified inspectors to cater to your services. You can consult the authority on their website for further information.

Real Estate/property lawyers are there to help you complete all the legal processes involved. They ensure the protection of your rights in both property purchasing and property selling at the same time.

If you are looking for mortgage consultation services, feel free to visit our broker dealer store for professional advice.