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What is a Mortgage Broker

Posted by Jeff Trounsell (jefftrounsell) on Oct 15 2012
Blog >> October 2012

What's the Difference? Mortgage Broker vs Mortgage Specialist

 

Mortgage Specialists work for a particular institution so are only able to offer you mortgage options from there.  Mortgage Brokers, on the other hand, work for you and have the ability to offer a wider range of opportunities from various banks and lending institutions.  They are highly educated financial professionals with licensing, acceditation and insurance that protect both themselves and their clients in the event of a problem.

 

The key to selecting the best Mortgage Broker for your needs is finding one who will not just sell you a Mortgage, but actively manage it throughout its lifecycle -- or at least over the 5 years between the typical Mortgage Renewal.

 

 


Last changed: Oct 15 2012 at 11:43 AM


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