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First-time bonus unlikely to help brokers

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Mortgage Broker News | 23 Feb 2012, 10:00 AM Agree 0
Banks – and not brokers -- will likely win billions of dollars in new mortgages stemming from a B.C. tax credit for first-time buyers of new construction.
  • Paul Therien | 24 Feb 2012, 06:12 AM Agree 0
    True that consumers will often approach a lender for the pre-approval on new construction, BUT there is nothing stopping a broker from effectively marketing to a community to be able to garner some of the business from this area. The banks may very well get the lion’s share, but why resign ourselves to that simply being fact and not doing all we can to get a share?
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