Mortgage Brokers Tips For Selecting The Right Mortgage Broker | Page 4

WHY YOU SHOULD USE A MORTGAGE BROKER • Brokers can keep things running smoothly- After the logistics have been smoothed out with you as the buyer, they can go directly to the lender and apply for the loan, keeping you updated on progress with the bank. Once the loan is approved, they work with you until the end, and if it didn’t work out, they’ll repeat the same process with another bank, giving you more options with regards to finding a loan. • They can be used again- A good Mortgage broker can be used again by a client if they take a second loan, apply for another house, or change banks before doing any of those things. Same with any other job, if you build a good relationship with a boss you can have them reference you or even work with you again to help you with your new project. A familiarly with someone you trust for a new endeavour can make it easier and provide less stress on your part.