What is a "Virtual Mortgage Broker?"

In a nutshell, it's a mortgage specialist that quickly and conveniently secures mortgages for clients without any need to meet in person.

Why shouldn't I just go to the bank?

People come to "MyVMB" for trusted, unbiased advice. Moreover, our professional planners generally offer:

1. Faster approvals
2. Rates that are well below the best posted bank rates
3. A convenient, stress-free, and educational experience.
4. Residential mortgage planning at no cost.*

In short, there is virtually no risk and maximum benefit to working with a "MyVirtualMortgageBroker" / Mortgage Architects planner.

How are you faster?

1. You can apply online in just 10 minutes. Or you can call and we can complete your application for you.
2. You can receive a pre-approval as quickly as 4 business hours after submitting an application, on approved credit. Working with banks and other brokers can often take significantly longer.

How do you offer better rates?

There are four ways:

1. We use proprietary screening technology to electronically comparison shop over 500 mortgage products. This allows us to query virtually every major lender and find exceptional rates and terms.
2. Our team closes mortgages in volume. That let's us qualify for preferred pricing from various lenders. This pricing is often not available to non-status lenders.
3. Our brokerage firm is Mortgage Architects (MA). MA provides our planners with exclusive rates and products (like MyNext Mortgages) that are completely unavailable to non-MA planners.
4. MyVirtualMortgageBroker.com is run by the same organization that brings you Canadian Mortgage Trends, Canada's top source of breaking mortgage news. This ensures our planners are always aware of new mortgage products that can save you interest.

How are you paid?

Lenders pay mortgage planners a referral fee for doing the legwork on your mortgage. Lender do this because they save money by not paying their employees to handle your application. It saves you money as well because our planners secure rates and terms you wouldn't otherwise have access to, while adding no net cost to your mortgage.

What sort of mortgages do you offer?

We offer a variety of mortgages for first-time home buyers, the self-employed, 2nd and 3rd mortgages, vacation properties, debt consolidation, refinancings, and commercial properties.