What is a Mortgage Broker?

A mortgage broker assist companies or private individuals to finance or refinance their commercial or residential property loans at no cost at all. They normally work with all banks and may be able to offer rates not offered over the counters. Please visit our corporate blog at www.cpcgonline.blogspot.com for more information.

How is a mortgage broker paid if I do not pay him?

The banks will pay the mortgage broker instead of you paying, hence the "free of charge" service. The fee is entirely paid by the bank and there is no hidden cost for you.

What is a Business Broker?

A business broker facilitates the selling and buying of businesses for private individuals or companies. They normally charge a fee of 5% to 12% of the transaction fee, depending on the size of the deal. Business brokers do not provide legal advice or tax advices. A business broker can valuate a privately held business but normally do not do so as there is a conflict of interest. A business broker also structures the deal for the buyer and seller and maintains the confidentiality of the transaction for the seller.