Posts Tagged ‘interest’

how to broker mortgages

Saturday, September 4th, 2010

how to broker mortgages
Should I use the realtor and mortgage broker who work as a team?

I am in a process to buy a house I have a realtor who is helping me finding a house. her boyfriend is a mortgage broker .should I use her boyfriend to get me a mortgage or it is not a good idea because I don’t want her to know how much money i am putting for down payment or how much money I have .because this might affect the negotiation for the house that i am buying if she knows how much money I have.help please.

Use someone independent. Never do a business deal through a friend or the friend of a friend. Lines blur, who’s interest is he working in?

She wants the deal to go through he wants his commission. Look around and find someone else maybe compare offers. This is the biggest purchase of your life possibly and you will have to wear the deal for the next 20 years.

Keeping your personal info private is also a good idea, realtors are working for the seller of the property as well so they may try and ease the price up a bit to get a better commission themselves.

Ms Mortgage


The Millionaire Mortgage Broker: How to Start, Operate, And Manage a Successful Mortgage Company The Millionaire Mortgage Broker: How to Start, Operate, And Manage a Successful Mortgage Company
$29.95

...
How to Buy a House in California How to Buy a House in California
$20.17

Buy a home in the Golden State with the most complete guide available. A thorough, practical guide to every aspect of buying a house, How to Buy a House in California will help you make informed decisions that can save you thousands of dollars. With this bestseller in hand, you'll learn how to: choose a house and neighborhood find the right agent get the most up-to-date information o...
Getting Started as a Commercial Mortgage Broker: How to Get to a Six-Figure Salary in 12 Months Getting Started as a Commercial Mortgage Broker: How to Get to a Six-Figure Salary in 12 Months
$16.24

While residential real estate lending has gone soft, commercial lending is hot—with a wave of low interest rates and refinancing—and it shows no sign of slowing down. Right now, commercial mortgage brokering is one of the best ways to earn money without a ton of training. In this practical guide for first-timers, you’ll learn the basics of brokering from application to closing, as well as in...