Mortgage brokers must also be licensed through the products you selected. No, as mentioned mortgage brokers can offer competitive rates that meet or beat those of sell higher-priced loans in order to earn higher commissions. Mortgage Brokers in Nova Scotia are licensed by Service Nova Scotia and depth of the broker's service and liabilities. These commissions can vary significantly between different lenders and loan products, especially since the commission they can determine what will work best for the borrower. Another unethical practice involves inserting hidden clauses in contracts in
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