Canada - Mortgage Broker Fee?? Is this standard

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Hi there, 

I live in Vancouver Canada, and do not currently own any property. I was recommended a well known Canadian mortgage broker that has lots of experience with REI. After providing all my documentation, I have been advised that due to my short Canadian credit history (I'm Irish) currently I would be eligible for an A-Alt rate of approx 4.99%, with potentially reaching A rated credit in 12 months.

The broker has also stated that I would also be charged 2% broker fee, along with having to put 25% on an investment property with the proposed lender. 

From my understanding 20% is a minimum investment DP, and broker fees are reserved for the multifamily and commercial space. Can someone give me some advice on this, and if you have recommendations on brokers in Vancouver who deal with investors, please forward them on.

Thanks, 

Tristan