In the large majority of residential mortgage transactions, no — we’re paid a commission directly by the lender once your mortgage funds, so there’s no cost to you for our services.
The exception is certain private or alternative lending situations, where a lender fee or broker fee may apply because of the additional complexity involved in arranging financing outside traditional bank guidelines. If a fee ever applies to your file, we’ll tell you upfront, in writing, before you commit to anything — there are never any surprises at closing.