When you work with a bank, you're limited to just their products. But at LendingHub, we work for you, not the bank. We shop around and compare rates from trusted lenders across Canada to find the right fit for your situation.
Here’s how we help:
- More Choices
- Flexible Approvals
- Local Experts
A Guelph mortgage broker gives you more choice and flexibility, especially if your situation isn’t perfect. A mortgage specialist works for just one bank. That means limited options.
Feature | Mortgage Broker | Mortgage Specialist (Bank) |
---|---|---|
Works For | You (the borrower) | The bank they work at |
Lender Options | Access to 50+ lenders | Only offers that the bank’s products |
Interest Rate Choices | Can compare rates and negotiate for you | Limited to their bank’s current rates |
Approval Flexibility | More flexible – good for bad credit/self-employed | Strict rules – harder if your file isn’t perfect |
Personalized Advice | Tailored to your goals and finances | Often one-size-fits-all |
Payment to Broker/Specialist | Free to you – brokers are paid by the lender | Free – paid by the bank |
Best For | Anyone wanting more options and better deals | People loyal to one bank or with simple needs |