Frequently Asked Questions

 The mortgage broker acts as an intermediary between the client and  the lender in terms of home loans and the mortgage process. The  mortgage broker works with you, the client, to find the right kind of  home loan that works within your financial budget and works within the  type of home that you need.  

 The finance broker makes their money by being paid a commission by the lender.  There can be circumstances where brokers may charge a fee.  If this is the case,  you will be advised upfront.

 The broker will primarily make sure you can afford the loan and  that also assumes you can afford the loan at higher interest rates. They  will then find you the cheapest interest rate on the product which  meets your needs. We usually set up a time to meet so you can ask as  many questions as you like. They will then collate all the information,  package an application how the lender wants to see it and then submit  the application on your behalf.   

 Working with a finance broker is most beneficial to you as the  broker will do all of the legwork on your behalf in terms of researching  the best lender to go with in your unique financial situation. If you  had to do the research yourself, you would be saddled with making  multiple phone calls, inquiries, and possible travel to each lending  institution directly.  

Finscape  Financial Services, utilize the most state-of-the-art systems and  algorithms to match up clients with lending institutions to get the best  rate possible and the best chance for having your loan approved.

We  start with a consultation with one of our representatives to get a  better sense of who you are and what financial goals you have. We’ll get  the proper paperwork in order from you during the consultation and get  the process started in finding the right lender for you. 

We’ll provide updates during every step of the process until final approval of your home loan.