News Formal

Questions to ask a mortgage broker before you work with them - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 42 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 51%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

We met two brokers and asked them a series of questions to see who was a better fit

When my partner and I were ready to buy a home in a new city earlier this year, our realtor recommended working with a mortgage broker.

But that's really what mortgage brokers, who act as the intermediary between lenders and homebuyers, are: middle men. Knowing that, we had — probably unfairly — stereotyped them to be unnecessary, tacking on extra fees and pushing products . So when our trusted realtor suggested we work with onein Phoenix, Arizona early this year, we were cautious ... and we had a lot of questions.

We asked many questions, but these five helped us make our final decision and put away suspicions about working with a mortgage broker.Our major concern was the broker fees and transparency throughout the entire loan process. Mortgage brokers typically get paid on closed transactions. Their broker fee is often embedded in the lender loan origination fee. We needed to be sure this fee wasn't going to be a large chunk of change.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 729. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

Business Insider Intelligence - Business InsiderThe article was interesting, but the title... 🤦‍♂️🙅‍♂️ Divorce is never a good thing, it’s never a positive and should not be celebrated. That means one or both parties for whatever reason failed the other. sometimes they don;t even need any promotion at all ! Liberation , freedom is all they need !!
Källa: BusinessInsider - 🏆 729. / 51 Läs mer »

Brexit: EU to ask UK to return Elgin marbles to Greece in trade talks - Business InsiderThe EU will tell Britain to give back ancient marbles taken from Greece over 200 years ago as part of a post-Brexit trade deal Good luck with that. I’ve got an antique French turnip knife - I hope the don’t want that back as well 🤨 😂😂🤘
Källa: BusinessInsider - 🏆 729. / 51 Läs mer »

PRESENTING: The 31 buzziest logistics startups that VCs are watching in 2020 - Business InsiderRead Business Insider's exclusive, VC-sourced roundup of the buzziest logistics startups in the coming year.
Källa: BusinessInsider - 🏆 729. / 51 Läs mer »

How Bill Gates puts a communication technique he learned from Warren Buffett to work - Business InsiderThe billionaire famously uses this method in both business and personal communications to make abstract concepts more relatable to his audience.
Källa: BusinessInsider - 🏆 729. / 51 Läs mer »

SUCCESS INSIDER: Poshmark, college, Bob Iger, Ben & Jerry's - Business InsiderOur regular newsletter for getting things done. Like quitting your full-time job and starting a successful side business. I won't ever be successful because I need to pay your prime membership 🤔 If there was an 11th, it would teach you that unless you lack fundamental business knowledge, you should stop reading business books looking for a formula for success. It doesn't exist. You need to carve your own path / develop your own models. I did without books Maybe with the sky will be the limit
Källa: BusinessInsider - 🏆 729. / 51 Läs mer »