Having a reliable, responsible mortgage broker is essential for first-time home buyers. But with a slew of brokers on the market, how are you supposed to choose the one that's right for you?
It may seem a daunting task, but it's far from insurmountable. Simply by keeping a few crucial tips in mind, you can ensure that you pick a mortgage broker who will keep you from tumbling into an abyss of financial confusion.
No up-front fees. A good mortgage broker won't expect to be paid before closing, with the exception of the appraisal fee. If you're a first-time home buyer and you're getting charged left and right for your broker's services, then consider it a warning sign.
Open to any lenders. A reliable mortgage broker won't insist that you go with the private home lender of his or her company's choice, but will be open to the one of your choice. As a first-time home buyer, you shouldn't limit your options.
Helpful, lucid, and available. A trustworthy mortgage broker should be visibly interested in helping a first-time home buyer and should be making sure that you understand what's going on. A broker who avoids your calls or buries you in jargon whenever you meet probably has a reason to avoid looking you in the eye.
For mortgage advice and service you can steer a ship by, go with Nelson Sousa. We're professional and knowledgeable, and we've got the experience you need to ensure that your first-time home buyer's experience is a positive, beneficial one.
We'll fight for your interests and make sure you get the terms you deserve as a first-time home buyer. We'll work to find a financial solution that works for you: Our loans include home refinance loans, home equity loans, and bad credit loans. When it comes to buying your first home, there's no reason to expect anything less than the best service—and that's what we'll give you.