You are about to take out a mortgage for the first time because you are finally embarking on homeownership or you want to renegotiate your current mortgage or even carry out a grouping of credits and you wonder if it is wise for that to call on a broker?
This can actually be a wise decision and save you both time and money. Only how to make the right choice and how to choose the right broker among all the brokers on the market who are likely to meet your expectations? You must first make your opinion on a broker and his performance in your case (is it essential?) And if you make the decision to actually use a brokerage service, which we have said can be a good idea, how to get advice on mortgage brokers or whatever to choose the right one.
Do you really need a broker in your opinion?
You have heard many times about all the advantages you can enjoy by using a brokerage service that the broker (s) will make you enjoy. Indeed, if you are dealing with a good broker (or good brokers) they will be able to save you money by managing to obtain a better rate than the one that you would have had you or even to save you maximum time in the search for the best rate and in all the procedures and all the papers that this represents.
Only is it essential in your case?
For example, if you have decided whatever to keep your current bank because you are nearby or otherwise, your broker will have a little leeway. If necessary, you might as well go directly to your bank advisor and negotiate directly with him.
Another example, you want to take out a loan of a very small amount.
As the brokers remunerate themselves partly with the banks and partly with you, the lower the amount of the credit and the less the profitability will be at the rendezvous knowing that there will always be incompressible costs such as filing fees or others or still telephone, email, and other exchanges. In cases like the ones we just discussed, using a broker may not always be a good idea.
How to benefit from opinions on brokers?
The need to take out a mortgage leads to asking a lot of questions because it is a substantial financial investment and that one does not a priori do all of it in a lifetime. It is therefore important not to miss and be able to benefit from the best rate possible whenever you have to get started in this operation.
In addition to the advice that we will give you right below and which will allow you to be sure of the seriousness of the interlocutor that you have in front of you, one of the best ways to have opinions on the mortgage brokers or brokers, for that matter, will be going to consult if there are any opinions on the Internet.
Obviously, the opinions that you can find on the Internet give you, in theory, an overview, but you still have to use common sense in relation to this because it will sometimes happen that false testimonies emitted by competitors in the field of brokerage do not tarnish the reputation of someone who is however perfectly honest and efficient. Conversely, dithyrambic testimonies may also put you on the ear if they are not sufficiently supported by examples that prove that they are indeed concrete cases.
Sometimes in all-star rating systems of this type, third-party organizations certify the validity of customer reviews. Brokers are obviously no exception to the rule, so do not hesitate to look for this kind of organization so that the opinions on a broker that you are consulting are as representative as possible.
Another technique, much more reliable and on which you can rely, your loved ones. Do not hesitate to ask them if they have ever dealt with a broker and ask them what they thought of the brokerage service so that you can rely on echoes in which you have blind confidence. After it’s always the same, the people who work in the brokerage service or the manager of it may have changed in the meantime, but this scenario can hardly be anticipated. The solution may be to call on an individual broker, whatever their status, but whose person you will be dealing with will always be the same and there you will be sure of yourself.
How to get a reliable opinion on a broker?
You have found a mortgage broker or an insurance broker for example and you want to know if it can be a reliable provider to be able to take care of your file? Here are a few tips that we are going to give you on Miss Marple and that could serve you well if necessary.
Any good broker who respects himself must study each file carefully because it is by doing this that he can best adapt the loan offer between the different possibilities of banking organizations and your situation. For example, maybe you are eligible for the zero rate loan or other forms of advantages which can only be known by knowing your file properly.
A good way to probe the seriousness of the broker you are about to call and ask him specific questions that you have prepared beforehand and seen the answers he provides. The difference between a broker and a trader who is also led to taking care of your financial transactions in another form is that the first of the two must offer you easy contact and is there to answer all your questions. questions and guide you step by step until you get your loan.
Even if the profession is sometimes very technical, it does not mean that it should not be transparent. So, if you ask questions to get your opinion on a broker, the latter must give you an answer. You may not have mastered all the elements and there are probably things that will seem complex at first glance that is a matter of course, but you should not feel your interlocutor fleeing in his answers.