Authorized to practise mortgage brokerage, issued by the Autorité des marchés financiers. Verifiable in the AMF register.
Cloutier Services Hypothécaires
Registered firm No. 605449. The firm oversees the file and holds the lender agreements.
Across Quebec
South Shore, North Shore, Montreal, Laval and Quebec City. Files are built remotely: documents, signatures and follow-up.
How it works
The posted rate is not the cost of the loan.
Two offers at the same rate can differ by thousands of dollars once you account for the penalty, the prepayment privileges and what happens at renewal. The first question I ask is not “what rate do you want” but “how long do you plan to keep this property”. A move or a refinance before the end of the term often changes which of the two offers is actually cheaper.
The process
Four steps, and you always know where the file stands.
Understand the project and the deadline
Gather and check the documents
Present the file to the right lenders
Follow through to funding at the notary
Fees
On most residential files, you pay nothing.
The lender pays the broker at funding. When a file falls outside that frame — a private loan, a commercial file, an unusual credit situation — the fees are stated and agreed in writing before anything is sent to a lender. Never a surprise at the end.
Frequently asked
Is it worth having my file reviewed?+
If you are hesitating between two offers, if a bank has declined you, or if you do not know what you can afford: yes. A review tells you what lenders will take from your situation, and what is still missing. On most residential files it costs you nothing. The lender pays the broker.
Which documents should I gather?+
Your last two notices of assessment, recent pay stubs, an employment letter, three months of bank statements and proof of your down payment. Gathered before the offer, they make a five-day financing condition workable; gathered after, they add weeks.
Why use a broker rather than my own bank?+
Your bank offers you one product: its own. A broker compares twenty-five and negotiates on the same file. When your bank is the best offer, that is what I recommend — but you will know it, because the comparison was made.
Buying, renewing, refinancing, or something a bit out of the ordinary: tell us where you’re at, even if it’s still fuzzy. Mathieu gets back to you with next steps and the documents to pull together.
