WORKING WITH A MORTGAGE
BR OKE R
BRANDON GLICKSTEIN Co-Founder & Integrator at Monster Lead Group
WORKING WITH
A MORTGAGE BROKER Homeownership is the dream for many people, and taking out a mortgage is often the most convenient way to achieve it. As such, individuals are bound to come across mortgage brokers, the intermediaries who act between the potential homebuyer and the lenders who offer loans to do so. At their core, mortgage brokers help individuals find lenders with the best rates and terms.
B R A N D O N
G L I C K S T E I N
Working with an experienced mortgage broker can bring about the following benefits:
THEY KNOW THE BEST DEALS (AND P I T FA L L S ! ) As mortgage brokers tend to deal with a variety of lenders for their work, they’re likely very knowledgeable on where to find the best terms. They might even know good lenders that few others know about or particular ones whose terms can be misleading. All the same, you need to undertake due diligence and compare your findings to what a broker offers.
T H E Y H AV E B E T T E R ACCESS Some lenders work exclusively with mortgage brokers, making the latter a suitable option to go to when seeking a retail mortgage. Some brokers can also get clients better rates from lenders, especially if they have a good working relationship and generate sustainable business with a lender.
As mortgage brokers tend to deal with a variety of lenders for their work, they’re likely very knowledgeable on where to find the best terms.
Some lenders work exclusively with mortgage brokers, making the latter a suitable option to go to when seeking a retail mortgage.
B R A N D O N
G L I C K S T E I N
TO LEARN MORE ABOUT THIS TOPIC, visit the blog of Brandon Glickstein.