Season Livingston

Do you know what a mortgage broker does? Don’t be surprised, most people will get this wrong.

When mortgage brokers started in the industry they specialized in getting mortgages for people with bad credit or not approved by the bank (which you may think is the same thing but it's not). They used many different avenues to get this done and usually came with a higher rate than what was offered at the bank.

Now however the mortgage broker industry has changed dramatically. Not just the broker industry but mortgages in general have changed to be something that is very hard to navigate on your own. That is why I bring you Mortgage Minute.

In a regular column here at The Hub I will be going over myths, what’s new and shedding some light on some confusing topics in the land of mortgages.