Points on how to select a mortgage broker

Read on to find out how you can choose the best mortgage broker

09:13 16 August 2013

Buying a home is always an exciting experience but it can also be nerve-wracking especially for first-time homebuyers. The process can be more complicated if the buyer doesn’t know where to start or what to look for.

The first thing that you need to do when buying a real estate property is to find the best mortgage broker that can assist you all the way to make the whole process as easy as possible.

Start by asking for recommendations from friends or family members who have bought houses before. Make sure to take notes when they talk about their experiences. From here, shortlist at least 3 brokers that you feel will be most helpful to you.

If you weren’t lucky to get recommendations, make use of the Internet. Most people these days provide feedback on every service that they’ve tried online. Find mortgage brokers in your area and read reviews from people who have used their services before.

Then, call the top three mortgage brokers based on the reviews. Pay attention to how they talk to you. Are they friendly? Do they take time to answer your questions? Are they genuinely interested in helping you? By doing this, the process of selecting the best mortgage broker will become a lot easier.