I have been recently asking this question myself.  I know most of you value the fact that I can go to different banks and lenders and give you options and solutions.  In my mind no one bank (Ex. CIBC or BMO etc) will come to you and let you know TD or Scotia or RBC has a better mortgage, so working with a broker makes sense.

But how to compete with banks? One of the best answers to this is:  Helping homeowners save money, reduce their interest expense and lower their mortgage payments…

I just got one solid idea… Banks will review your mortgage only when you approach them, ex. when you buy, you refinance or you renew your mortgage…. but what about when you can save money, reduce your payment and interest?  Would they approach you?

In my research, they would not approach you as they have your business already…  Their main concern is that you keep making the payments… Please take the time to help me understand if you’d like an online place or notifications where you can better manage your mortgage… it will take you less than 1 minute…

Click Here and help Camilo