As a mortgage broker in Milton, James Loewen and his team understand the process that people go through when they’re looking for a mortgage broker to work with.
With so many options out there it may seem overwhelming at first, however, there are a few things you can look for in a broker that will tell you they’re good at what they do.
Our industry is a competitive one and there are many brokers who will claim to be your best choice. This can be extremely overwhelming for a person, especially if they have never had a mortgage.
To help you ensure you make a good decision and choose the right broker, we have assembled a list of 3 Things to Look for When Choosing a Broker.
1. Good reviews
The best way to know if a broker is great at their job is to check how many positive reviews and recommendations they have. This is quickly becoming the preferred method of many mortgage-seekers when looking for a broker to work with.
A good broker will have a lot of positive reviews where people mention how much said broker has helped them with their needs. Some things to look for in a review are if the person was easy to work with, if they answered all of your questions, if they were honest, etc. The more positive reviews, the better they probably are!
2. A lengthy and open first meeting
The initial meeting with a broker should truly give you an idea if they are the right fit for you or not.
A good mortgage broker will take the time to ask you a many different questions so they can paint a clear picture of what your financial goals and needs are. It should feel like an easy conversation and seems as if you are a friend rather than a client. Additionally, they should invite you to ask as many questions as you have so there are no secrets.
They’ll also possess exceptional communication skills and provide you with honest information right from the get-go.
3. They’re licensed
It may seem obvious but it’s an important factor to keep an eye out for.
If you’re going to have someone look after something as important as your mortgage, you have to make sure that the broker is legit. Most brokers will have their licensing information posted on the bottom of their site and will be happy to provide you with any information at your request.
By remembering these three things when searching for the right broker, you should set yourself up to find the perfect person. As a mortgage broker in Oakville, Ontario, James has been involved in the local industry for years. He and his team are confident that they can be the perfect mortgage broker for you.
If you’re looking for a mortgage professional to help guide you through the journey, we encourage you to contact our team today and let us show you how we can help!
P.S. If you’re interested in refinancing your mortgage, check out our free refinance program!