Financial adviser in Toronto -
[Cached Version]
Published on: 4/5/2001
Last Visited: 7/19/2002
says Kevin Clark, president of Complete Mortgage Services, a Vancouver-based mortgage brokerage with about $400-million in annual mortgage business.This is doubtless due to the fact mortgage brokers get paid for results, rather than collecting a salary.
Across the country, mortgage brokers seem to have realized that, to bring substance and credibility to their offers of low rates, they had to view them- selves as mortgage professionals - and demonstrate their abilities to consumers.CIMBL has helped this process, but the clincher has been brokers* ability to show they can be more professional than their bank counterparts.The new approach is taking hold, as evidenced by the rapidly growing proportion of mortgages arranged by brokers.
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