Question 1

Should I use a mortgage agent or go directly to a bank?

Accepted Answer

A bank can only offer its own products. A licensed mortgage agent like Prime One Mortgage Group compares banks, credit unions, trust companies, and monoline lenders so you see the full market before you sign.

Question 2

Do I need a mortgage broker for a renewal in Calgary?

Accepted Answer

Your lender's renewal letter is an offer, not a verdict. Prime One shops renewals against the wider Canadian market so you can compare rate, penalties, and prepayment options before you accept.

Question 3

How much does a mortgage agent cost?

Accepted Answer

On most residential deals in Canada, the lender pays the brokerage — there is typically no direct fee to you for working with Prime One Mortgage Group.

Question 4

Who is the mortgage agent at Prime One Mortgage Group?

Accepted Answer

Sharmilla Sharma is a licensed mortgage agent in Alberta with Prime One Mortgage Group under Mortgage Architects, helping buyers, renewers, and refinancers across Canada.

Question 5

What is the difference between a mortgage agent and a mortgage broker in Calgary?

Accepted Answer

In Alberta, licensed mortgage agents and brokers both shop multiple lenders. At Prime One Mortgage Group, Sharmilla Sharma is a licensed mortgage agent under Mortgage Architects who compares banks, credit unions, and monoline lenders — the same independent comparison people mean when they search for a mortgage broker.

Question 6

Can a self-employed or business owner get a mortgage in Calgary?

Accepted Answer

Yes — we regularly work with self-employed and business-owner files. Lenders who read business financials properly can use accountant-prepared statements so a tax-efficient return is not automatically penalised. Talk through your file before you assume a bank branch is the only option.

Question 7

Do you offer private mortgages in Calgary?

Accepted Answer

Prime One is a licensed mortgage agency, not a private lender. We compare mainstream banks, credit unions, and monoline lenders first. If a file needs a specialist option, we explain that path in plain language — we do not advertise guaranteed private financing.

Question 8

Can you help with investment or vacation property mortgages?

Accepted Answer

Yes — we help Calgary and Alberta clients finance investment and second properties when the file fits a lender program. Rental offsets and qualifying income differ from a primary home. Estimate a payment, then we will compare lenders for the property type.

Calgary mortgage guides written for real decisions