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Lorraine Said:

Is it common to get pre-approved from a bank and a mortgage broker and then shop for the best mortgage.?

We Answered:

keep in mind several things rates are climbing now! If you get pre-approved by one place chances are you will get approved with another! the pre-approval is basically for new home buyers (many Realtors wont work with a buyer that is not preapproved!)

As far as getting the best deal and shopping take you preapproval and find a home then shop for a mortgage. the fact is most brokers are fishing from the same pond and banks are limited by what thier bank offers. find someone that is offering you a good rate and minimal fees.
there are companies that will give you the absolute best ratea avalible. a 1.5% to 2% fee is acceptable and the lowest rate you can find it is better tp pay a slightly higher fee than to pay a higher interest rate. the fee is one time the rate is over 30 years. becareful af anyone offering you an insanely low rate!

Mary Said:

Which institution/Bank gives the best mortgage in Canada?

We Answered:

Best Answer - Chosen by Voters

http://www.realestate-investment-solutions.com is the best resource for mortgage information. With over 10,000 posts it is the most comprehensive site of its kind anywhere online.

Felicia Said:

Who is the best bank building society to re-mortgage with?

We Answered:

Yes sit down with a financial advisor.

I'm with the Cheltenham & Gloucester - very good so far.... never had problem with them..... this is my thord year with them.... always eager to help and they're always very quick to answer questions.

..... and finally, I don't work for the C&G - just been very impressed!!

Good luck with your search!!!!