S p e c i a l F e a t u r e
Buying or Selling
a Home?
Visit Your BC Notary!
Go to www.notaries.bc.ca "Find a Notary"
Telephone 604 681-4516
1-800-663-0343
The Society of Notaries Public of BC
Box 44, Suite 700 – 625 Howe Street
Vancouver, BC V6C 2T6
mortgages in Canada annually, doing the
leˆwork for buyers and shopping for the
best deals—meaning, not necessarily the
lowest rates, but mortgages whose terms
are truly the best suited to their clients'
Šnancial situations.
"Many times mortgages with super-low
rates come with stipulations that can
wipe out the advantages," he explains.
"A good broker will protect a client
against that."
Soni points out that 55 per cent of
Šrst-time homebuyers rely on mortgage
brokers "because Šrst-time buyers value
our services so much."
In 2017, buyers may be aware that
regulations regarding down payments
have tightened, along with mortgage
qualiŠcation rules.
"However, with our access to
alternative lenders, we haven't seen a
noticeable slowdown in business," says
Soni. "In fact, 2016 was a record year for
brokers, and we think the market will be
robust in 2017."
