lunes, 9 de enero de 2012

why should i use a mortgage broker?

Q.  why should i use a mortgage broker?

A.  Speaking to a mortgage broker is the equivalent of making an appointment with every lender in the UK, high street and specialist lender, and going through all of their products before making the decision, what mortgage is best for my circumstance.  This would no doubt take hundreds of hours of your valuable time and lets face it, never going to happen.  A mortgage broker will search the whole of the market on your behalf to ensure you get the best deal for your circumstances, and most good mortgage brokers will review your mortgage every 2 years for example, to ensure you continue to get the best deal, even if your circumstances change.  

A traditional mortgage broker will handle the full mortgage application on your behalf from the initial agreement in principal right the way through to completion for both purchase mortgage and remortgage.  Mortgage brokers are continuously updating their mortgage market knowledge, speaking to underwriters and lenders on a daily basis.  A good mortgage broker will have existing relationships with lender personnel and underwriters, the decision makers, who can assist in those difficult cases. If you are declined a mortgage by your own bank or building society, the next port of call should be a mortgage broker, talk to an expert to get you the mortgage you need.  

At MMI Mortgage brokers we want to create a long term relationship with our clients.  Clients who do mortgage business with us will automatically be entered into or mortgage management programme where the clients mortgage will be reviewed every 2 years to make sure our mortgage clients are on the best deal. This could in turn save our clients thousands of pounds over the mortgage term.  Talk to one of our expert MMI mortgage brokers today to see how we can save you money with a mortgage review.  

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