Top Five Things to Look for When Hiring a Mortgage Agent
Buying a new property requires not only a mortgage with a low-interest rate but also terms in the contract that suits your unique situation. So if you’re seeking assistance from a mortgage professional to read the small print and match you with a suitable lender, here’s a list of the top five things to look for in a reliable mortgage agent.
1. Responsive
A prompt response shows professionalism, and if the agent is eager to clear any doubts, then you know you are on the right track. If a strong rapport gets built in the early interactions, it will also lead to greater trust.
2. Knowledgeable
An agent should be able to educate the client about the mortgage process and supply advice keeping in mind their best interests. They should also be able to provide access to multiple lenders in the marketplace.
3. Honesty
Full disclosure should be provided upfront to ensure that there are no hidden fees that would cause misunderstandings later down the line. A client should also be informed about which costs apply to them. Sometimes agents receive more substantial commissions from lenders to push their products, so keep this in mind.
4. Personable
An agent with a pleasant personality is helpful for smooth and effective communication between both parties. A friendly and supportive agent will also encourage questions and answer them to your satisfaction.
5. Respectful
A broker must adhere to ethical business standards, such as transparency and confidentiality. They should also realize your limited understanding of the mortgage industry, and be able to guide you in arranging the specific documents to submit, and which forms to fill out.
Your broker must have an altruistic personality, so if you’re looking for a mortgage agent in Brampton, reach out to Mortgages By Annissa. I have over sixteen years of financial experience and create customized solutions.
My mortgage services include home buyer mortgages, mortgage renewals, mortgage refinancing, and switch mortgages.
My services are available across Whitby, Ajax, Pickering, Scarborough, Markham, Richmond Hill, Vaughan, Woodbridge, Mono, Shelburne, Orangeville, Grand Valley, Caledon, Toronto, Brampton, Georgetown, Mississauga, Milton, Oakville, Burlington, Cambridge and Kitchener, Ontario.
To learn more about the services I offer, please click here. To get in touch with me, please click here.