Ombudsperson for regulated banks
As Mortgage Brokers we know that mortgage specialist work for the bank not for you and are under no obligation to your fiduciarily. Mortgage Contracts are not for the laymen. By the time you get to your lawyer you have committed to the mortgage and paid a deposit. This is a disadvantage we see happen often and know the frustration. Whether you decide to use a Mortgage Broker or not you do have rights.