What does it cost to use Balance Mortgages Team?
There are absolutely no costs associated with the online mortgage application process. Even when your application is approved, there are still no costs. Also, at no time are you under any obligation to accept our mortgage offer.
Of course if you decide to accept our approval and follow through with the mortgage, there will be some costs associated with the mortgage itself and may include costs for items like appraisals, legal fees, surveys, etc. These costs are not specific to Balance Mortgages Inc but are normal expenses associated with mortgages in Canada. Once your mortgage application has been approved, a member of the Balance Mortgages Inc Mortgage Team will be in contact with you to go over these costs in detail.
In some cases, when secondary lenders are required to facilitate your mortgage requirements which may be the result of credit concerns, brokerage fees may apply. However, you will be made fully aware of any fees prior to your commitment.