3 ways to find a Mortgage Broker that is right for you
Matt Poole ??
Mortgage Expert for Business Owners | Simplified, Fast-Track Solutions Using Your Business Profits - Not Your Personal Income!
There are plenty of Mortgage Brokers out there but how do you find the one that is right for you?
There are 3 MAIN ways to research Mortgages Brokers along with 7 KEY questions you can ask them. By following this you will know the right one when you speak to them.
Ask people that you are close to
A lot of people around you that you are close to will have gone through the exact daunting process of trying to secure a mortgage. Ask:
- Family
- Friends
- Neighbours
- Colleagues
Getting a personal recommendation certainly goes a long way. Ask them what their experience was like and what their broker did for them. You want them to make the process as stress free as possible.
Research Mortgage Brokers online
Use online search engines to find brokers that come recommended.
Have a look on Facebook to see if they have an online presence.
You can also see customer reviews on here that will give you an idea of what to expect when talking to them.
Use your personal network on Facebook and LinkedIn
Facebook is a really powerful tool nowadays with a number of groups set up in local areas.
You can ask for recommendations in these groups where you will generally get a really good response.
You can also put a post on LinkedIn to ask for recommendations for a Mortgage Broker. Again, with this being a business platform you should get a good response.
7 Key questions you should ask a Mortgage Broker before deciding who to use
- Are they qualified to give advice?
- Are you regulated by the Financial Conduct Authority?
- How many lenders do you have access to?
- How do you operate? - Telephone, online, face to face etc
- How do you charge for your services?
- Are you insured?
- What other products do you offer?
By asking these questions you will have a really good understanding of what the Broker offers and if they are right for you.
You want a Broker who can answer these questions without hesitation and confidently.
If you would like to hear in more detail please watch my video and look out for more finance tips in #MortgageMonday
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