Signs of a Good Mortgage Broker


Picking a good mortgage broker is something every homeowner or investor needs to have on their side, looking out for the homeowners/investors best interest.

Having a very helpful and friendly broker can make a difference in your entire attitude towards getting a loan and will help make it a pretty stress-free loan process.

Here are a few simple things that can will help you find a good broker:

1) Does your broker like to talk and have an excited attitude?
2) Are they punctual?
3) Can the broker list mortgages and programs by heart? Or are they flipping through a book every few minutes to look up terms and arrangements.
4) Are they willing to answer any question imaginable without getting frustrated?

Ask the broker a question a couple of times in one sitting to see how they react. It will be obvious if they are annoyed and will use the same spiel they use on everyone else.

So be watchful, careful and alert to not only getting a good mortgage broker but if you are in the market, this also pertains to real estate agents. Pick well!

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2 Comments on “Signs of a Good Mortgage Broker”

  • Susan wrote on 30 July, 2008, 7:14

    This is quite helpful!

  • Mortgage and Loans wrote on 27 August, 2008, 2:47

    Excellent advice.
    I particularly like ‘Ask the broker a question a couple of times in one sitting to see how they react.’ I hadn’t thought of that, and I bet it would certainly upset some.

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