How Do You Choose A Mortgage Broker?
• Ask friends or colleagues for recommendations. You’ve heard it before; it’s not what you know, but who. Find friends who’ve made property purchases recently and get the details of their mortgage broker. • Do your own research via the Internet and telephone. Ask what deals mortgage brokers have on offer and if there are any conditions attached. Remember, this home loan is likely to be part of your life for the next 25 to 30 years so don’t be afraid to ask questions and compare offers. • If a mortgage broker offers you a special deal, ask about the special conditions. You know the old saying ‘if it sounds too good to be true, it probably is’. Keep that in mind when assessing deals and weigh up what’s right for you. • Internet mortgage brokers should make their offers in writing. Nothing is solid until it’s in black and white. Print out the pages with the offer and keep them filed for reference. • Make written notes of all dates, times, names and offers. Keep it all in one folder in cas
