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Red Deer Mortgage Brokers
Red Deer is a bustling city half way between Edmonton and Calgary. Prices in Red Deer have sky rocketed in the past few years, however it is still seen as a cheaper alternative to its bigger centers to the north and south (Edmonton and Calgary).
To understand why so many Canadians choose to use a mortgage broker and why they are so important to the process you have to understand firstly how the banks operate. In order to keep high value clients with the bank, they have to offer up big discounts, and to cover the cost of these deep discounts every other client has to give up a little bit of their discount, this is referred to as a 'rate basket'. It takes several average clients to be as profitable as one high value client to a bank. This is why every client at the bank gets a different rate.
Red Deer Mortgage brokers operate on a different model than the rate basket, we are given access to the banks best wholesale rates on a daily basis as they try to compete with the other banks brokerage channel. Bank appetites can vary, but we have access to so many different lenders that you are always guaranteed to get the best wholesale rates available on the market!
Mortgage Brokers
Call one of our Red Deer Mortgage Brokers today, or apply online for a Free Pre-Approval today.
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