Honesty in business may be rare, but it does exist. You need to be extra patient when looking for a mortgage broker who’s reliable and trustworthy. These people may not be able to offer you the lowest mortgage refinance rates, but you can at least be sure they’ll always act in your best interests…no pun intended.
References
What a mortgage broker has to say for himself is naturally different from what others have to say about him. He can provide you all sorts of proof of his qualifications but in the end, there’s still a need for you to get a second or even multiple opinions.
Ask for references. Better yet, look for additional references that aren’t provided by the mortgage broker himself. It’s the only way to verify what you’ve learned from him and about him. This may seem like overkill, but remember: it’s your money at stake, money you’ve worked hard for. You can’t be too careful, can you?
Of course, remember to choose your references wisely as well: take their words with a grain of salt because there’s a chance some of them might be lying.
Customer Service
Refinancing your existing loan is, after all, just one of the ways to do business and as such, you need to remember that customers – which includes you! – are always right.
Don’t settle for second best! Look for a mortgage provider you’re comfortable to speak with. When the time comes that you know you’ll have slight problems paying on time, having good relations with your mortgage broker will make it easier for you to explain your dilemma and ask for an extension.
Best Rates
Finally, no matter how trustworthy, reliable, and friendly a mortgage broker is, none of these will amount to anything if he’s not offering you the rate you can afford for refinancing.
Choose wisely when it comes to your mortgage broker and refinancing will be a breeze!
No comments:
Post a Comment