Agent
Agents are most commonly encountered in the Real Estate sale/purchase transaction where the seller appoints the Agent to sell their property.
It is however an often forgotten relationship for the Mortgage Broker, where the broker is appointed as an agent to negotiate and arrange a mortgage for the customer. One of the key tenants of Agency Law is a fiduciary duty to act in the best interests of your client. In our case that means assessing your financial situation and providing you a finance solution that bests fits your needs from our panel of lenders regardless of the commission or incentives they pay.
We comply with the Uniform Consumer Credit Code by providing initially an estimate of our commissions and then when you have selected the loan an actual full disclosure of the commissions we receive. This ensures transparency in the selection process and you can feel comfortable that you have received the best loan for your circumstances.
