Do BC mortgage brokers charge a fee on Residential Prime mortgages?

No. On Residential Prime and Reverse Mortgage deals the lender pays the broker, so there is zero fee to the client.

What is the typical broker fee on a Residential Alternative (B) mortgage in BC?

Brokerage fees on Residential Alternative (B) files typically range from 1% to 2% of the mortgage amount, plus a lender fee around 1%.

How much does a Private mortgage broker fee cost?

Private residential brokerage fees are typically 1% to 2% of the mortgage amount, with private lender fees ranging from 0% to 2%.

Are Commercial mortgage broker fees paid by the lender?

No. On Commercial and Construction files, brokerage fees are paid by the client as an industry standard. Commercial Prime is usually around 1% of the mortgage amount; Commercial Alternative and Private range from 1% to 2%.

Fee Calculator — Honest, Upfront Estimates

Estimate your mortgage fees.

Pick a mortgage type and enter the loan amount. You'll see typical brokerage and lender fee ranges instantly. Every real file is quoted in writing before you sign anything.

Mortgage type

Residential

Commercial

Construction

Mortgage amount

$50K$3M$50M

Use the slider for a quick range, or type your exact amount above (no limit).

Estimated fees for

Residential Private

Private residential capital. Both brokerage and lender fees apply.

Brokerage fee

1%–2% of mortgage amount

$5,000 – $10,000

Lender fee

0%–2% of mortgage amount

$0 – $10,000

Estimated total fees

$5,000 – $20,000

Note: Not lender-paid — client pays the brokerage fee.

Get my exact fee in writing

How to read this: These are typical industry ranges based on our actual files. Every real deal is quoted individually and disclosed in writing before you commit. Higher fees usually reflect higher complexity, faster timelines, or higher risk capital. No surprise fees, ever.

BC Mortgage Broker Fees, Explained

Most BC homeowners never see a brokerage fee on a Residential Prime or Reverse Mortgage — the lender pays us directly. On Alternative (B), Private, Commercial and Construction files, a brokerage fee and lender fee typically apply because these deals require more work, more underwriting, and more specialized capital. Below are the typical ranges we quote across every mortgage type we handle, in plain numbers, with no hidden costs.

Residential Fees

(A) Prime: Brokerage 0% · No lender fee
Reverse Mortgage: Brokerage 0% · No lender fee
(B) Alternative: Brokerage 1%–2% · Lender 1%
Private: Brokerage 1%–2% · Lender 0%–2%

Commercial Fees

(A) Prime: Brokerage 1% · Lender 0.25%
(B) Alternative: Brokerage 1%–2% · Lender 1%
Private: Brokerage 1%–2% · Lender 1%–2%

Construction Fees

(A) Prime: Brokerage 1% · Lender 0.5%–2%
(B) Alternative: Brokerage 1%–2% · Lender 1%
Private: Brokerage 1%–2% · Lender 1%–2%

Why we publish our fees

Mortgage Guru Financial is led by Ramin Hallaji, a BC mortgage broker with Dominion Lending Centres specializing in Complex Residential, Commercial, Construction, Private, Reverse Mortgage and Self-Employed files. We publish honest fee ranges because clients deserve to know what a deal actually costs before they pick up the phone. Every quote is delivered in writing, with full disclosure, before you sign anything.

Compassionate fee consideration

We make special consideration for delicate situations and charge a lower fee whenever possible, sometimes no broker fee at all if possible, for single parents, survivors of abuse, people living with disabilities or chronic illness, recently separated or widowed clients, families in financial distress with limited funds, seniors on fixed income, newcomers and refugees, and others navigating hardship.

If your situation is sensitive, please tell us. We will do our best to make it work.

Ramin HallajiFounder, Mortgage Guru Financial

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