A bank and a mortgage broker can both be appropriate. Compare the specific products, total borrowing cost, penalties, portability, prepayment terms, qualification approach, service, and compensation disclosure—not the channel label alone.
Decision points
- 01
Ask which lenders and products were considered.
- 02
Compare break penalties and restrictions before the rate.
- 03
Verify the individual and brokerage through BCFSA.
Questions for either channel
Request the annual percentage rate or comparable cost, term, amortization, compounding, prepayment privileges, penalty method, portability, refinance limitations, cash-back clawbacks, conditions, and deadline. Ask how the person and institution are paid.
Keep the handoff regulated
Parcel & Key does not recommend a mortgage or arrange financing. Any future introduction requires a named licensed recipient, explicit consent, a compensation disclosure, and a clear boundary between publishing and regulated service.
No provider paid to appear on this page. Parcel & Key does not accept legal referral fees or paid real-estate-agent leads. Future partner links will be labelled beside the action and activated only after written approval.