|The Big Property forum
|How to vet a broker
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|Author:||liannajohnas [ Tue Apr 02, 2013 8:23 am ]|
|Post subject:||How to vet a broker|
Lets go through these aspects to know more about the working of mortgage specialist
1.make sure about the mortgage broker is registered with your local business bureau and you can also ask the bureau if any complaints have been lodged against the broker
2.We can also check that if the broker has any advanced certifications that will prove useful. For those who do extra training and testing, the NAMB offers designations such as "certified residential mortgage specialist.
3.In order to best meet a consumer’s needs, mortgage brokers have a wide array of products from which to choose – mortgage banks, private sources, independent lenders, etc. And, a lender will deal with a broker only after a thorough selection process, checking references, interviewing and obtaining a copy of their broker license.
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