Finding The Right Mortgage Broker in Surrey, BC
A mortgage broker in Surrey works on your behalf for securing the mortgage financing you’re looking for while purchasing a property, renewing, refinancing your mortgage. Your broker plays a great role in the home-buying process. A local mortgage broker in Surrey will assess your finances and help present you with the mortgage financing option best suited to your needs.
Today, a mortgage broker in Surrey is much more than just an intermediary. Here are some important duties your broker should do:
- Getting a snapshot of your finances.
- Make mortgage financing recommendations according to your individual needs.
- Submit a mortgage application to lenders on your behalf.
- Negotiate with the lender on your behalf
- Work closely with your real estate agent and lawyer
Role of a Surrey Mortgage Broker
Your mortgage broker in Surrey plays a crucial role in managing the steps along the way to ensure your mortgage can be strongly funded.
Even the mortgage industry is an industry has seen its fair share of changes in the past several years. As such, you may want to partner with a mortgage broker in Surrey who eats, breathes and sleeps mortgages; in order to he can help you choose the mortgage product that makes the most sense for you.
You’ll want a broker who’s experienced and knowledgeable, so you can make a better and informed decision to ensure you’re getting a better value for services you’re receiving.
Interviewing a mortgage broker
For many people, buying a home is the single biggest financial transaction they’ve over a lifetime, that’s why you need to be sure while choosing a mortgage broker in Surrey who knows what he’s doing. For example, if cash flow really bothers you, then your broker should recommend a mortgage product that provides you with the lowest mortgage payment possible.
When you’re meeting with a mortgage broker for the first time, it’s best to come prepared with a list of questions. Here are some good questions you can ask at your initial meeting.
- Can you please provide some testimonials from clients you’ve recently dealt with?
- How long can I expect it to take for my deal to close?
- How long have you been in the industry as a broker? Do you have any prior industry experience?
- How many mortgages did you fund last year?
- What are the steps involved in the mortgage application process?
- Are there any requirements I need to be aware of when applying for a mortgage?
- What can I do to make my mortgage application the strongest it can be with lenders?
Working with an adaptable and flexible mortgage broker
When you’re working with Crown Funding mortgage broker in Surrey, you will be kept in the loop about what’s going on. If you’re anything like us, you’ll want a broker who provides you with regular updates and lets you know what’s going on.
If your credit score has room for improvement, your broker can help come up with a game plan to get your credit in better standing and get you the best mortgage financing options possible.
Crown Funding Mortgage Broker Surrey is there to support you. If you have any along the way, don’t be shy about phoning us up and asking for a clear answer. Crown Funding is there to serve you and look out for your best interests.