Here are the top 4 questions:
1. What Is a Mortgage Broker? A mortgage broker works with both parties to get
the individual approved for the mortgage. A mortgage broker will help you assess your financial situation to determine what you can afford. They help you understand that a mortgage rate is just one element of a mortgage to consider. Other elements, such as the term and fees, must also work for you.
2. Why is a Mortgage Broker useful to a client? A mortgage broker can source
mortgages from the entire market, so you get the fairest assessment when applying. I deal with more than 30 lenders, which provides my clients with access to various products and solutions to fit their individual needs.
3. At what point in the real estate process should I be seeking out a Mortgage Broker? A broker is there to help you from the onset of even making the decision to make the purchase. They advise you on how much you should be saving each month to afford the type of property you are interested in, how much savings you should put down to make the purchase, and other important factors you need to evaluate before you even start your search.
Referral Mortgages Inc. Lic.# 13316