No, lenders simply require a void cheque to take the payments from your existing bank account.
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Applying for a mortgage shouldn’t be hard or confusing,
let’s break this down and make it simple for you!
If I choose a mortgage with a lender that is not my bank, do I have to change my bank account?
Why use a Mortgage broker instead of my bank?
When you work with your bank, you get one choice- the one they offer you. But there are plenty of other lenders out there that may be able to offer you a product or rate better suited to your unique needs. Every bank says they have the best product or rate, but it’s just not possible for everyone to have the best.
Rampone-Marsh Mortgages is an independently owned Mortgage Brokerage that works for you. Because of our network of lenders, we’re able to present you with a range of choices, allowing you to select the best option. Lenders compete for your business, so you get the best deals. Best of all, you’ll have an experienced mortgage broker to help you make sense of your choices and understand the variety of products and how each one could benefit you.
I’m self-employed and cannot prove my income. Can I still get a mortgage?
Yes! Some lenders use your stated income only to qualify, on approved credit. You still get favourable Canadian mortgage lending rates and, depending on the lender, could get up to 90% financing. Simply complete your Kelowna mortgage application today!

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We can’t wait to get the right mortgage in your hands. It’s a thing that we’re good at.