save a few hundred in interest. 5. Get help from professionals before you begin house hunting. Although it may seem silly to approach a mortgage broker or lender with questions before you secure the funds for a down payment, it could prove invaluable and actually be more helpful than if you blindly saved on your own. Mortgage brokers are aware of the marketplace and can often accurately predict future changes, so they may be able to help determine just how large a down payment will be required. In addition, they can also take a peek into your financial history and give suggestions based on each unique situation. One Response to "Newsflash: You can still have a life while saving for a down payment" Point 5 is a good one. Many consumers ask themselves, should I use a mortgage broker? Only if you want to ensure that you are getting the best product at the best rate! A qualified, licensed mortgage broker is the answer for both those with great credit and those with not so great credit. In other words, a licensed mortgage broker is best for all Canadian consumers. A licensed mortgage broker will analyze your needs, take into account your lifestyle and future plans, your income and expenses and provide you with the sage advice that only a professional can give you. Mortgage brokers are typically available to come to your home, place of work or even your local Tim Horton's to provide you with the advice you