Why should I work with a mortgage broker?

After deciding to explore home ownership, many people simply head to their bank and speak to a mortgage specialist there. But how do you know you’ll get the best rate? And how do you ensure the mortgage that best suits your needs will be found there? Licensed mortgage brokers are knowledgeable professionals who work on your behalf. They shop your mortgage to a variety of mortgage lenders, including banks, trusts and other financial institutions to get you the best mortgage rates.