How does a mortgage broker get paid?

Joel Olson • June 7, 2017

Our services are free! Well, sort-of…to you anyway! 


Picture this. You go to your bank, and you ask to speak to a Loans Manager. You have an appointment and you see a few different people, but you don’t pay for any of them. Yet, somehow they are all getting paid. 


So, instead of all that money going to a bank employee, it goes to us. And still, the cost to you is nothing.


There are certain times when a broker fee is charged, but these are rare and will be disclosed in the commitment

that you sign with us.



A man with a beard and a suit is smiling for the camera.
Joel Olson
GET STARTED
Hands exchanging house keys across a desk during a real estate meeting with a tablet nearby
By Joel Olson August 4, 2026
Get unbiased mortgage advice from Joel Olson, a pro in Kamloops. Contact us for tailored solutions to your financing needs!
Person typing at a desktop computer in a bright home office with shelves and potted plants.
By Joel Olson July 29, 2026
Self-employed in Northern BC and turned down by your bank? Learn how mortgage brokers get business owners, contractors, and rural borrowers approved.