6 Qualities of a Good Mortgage Broker

Ln. QUALITIES GOOD MORTGAGE BROKER Good Brokers Are Financial Planners A good broker tries to find the best price available for your deal. While pricing a loan, the broker must also be mindful of getting the loan approved. Good Brokers Are Masters of Detail Mortgages have many details that must be attended to before a loan can close and a good broker must have a checklist. Good Brokers Are Excellent Communicators Good brokers can communicate effectively with borrowers. Diligent brokers will keep in contact upon completion to give clients updates and news that may be of interest. ASIC Australian Securities & Investments Commission Good Brokers Are Licenced Good Brokers Have A Large Panel of Lenders Good Brokers Operates Transparently A competent broker will not only hold accreditation with a large panel of lenders, they will be familiar with the lending criteria and processes of numerous financial institutions. All credit providers must be licensed with ASIC. Licensed Borrowers should professionals are required to adhere to the National Consumer Credit Protection act. always be informed of any fees associated with the broker during their initial contact. PRESENTED BY: VFinancial Vogue Sources: http://www.yourmortgage.com.au/article/8-traits-of-a-good-mortgage-broker-109053.aspx http://www.washingtonpost.com/wp-dyn/content/article/2008/04/11/AR2008041101980.html http://www.mtgprofessor.com/A- Mortgage Brokers/what_makes o good_mortgage_broker.htm