What are the costs associated with using HomeLoanDirect to obtain mortgage financing?
There are no costs associated with the HomeLoanDirect online mortgage application. There is no obligation to accept an offer should you be approved. Obviously, if you accept a HomeLoanDirect mortgage there will be some costs, however all costs associated with a HomeLoanDirect mortgage are fully disclosed before you agree to anything. These costs will include: appraisal fees, legal fees, title insurance, etc. These costs are normal expenses in the Canadian mortgage market and should be expected from any lending company.