Mortgage brokers work with you to find a great deal on a mortgage. They can be invaluable in your search for a home loan. There are many, many great mortgage brokers in Canada. But in the sea of brokers, there are also some predators you need to watch out for.
Buying a home, whether it’s your first or fifth home, is always an exciting time. The last thing you need is to have a bad mortgage experience ruin such a special time in your life. At the same time, you absolutely don’t want to end up with a mortgage that isn’t right for you.
If you end up with a bad mortgage broker, you might not realize it until it’s too late. If you don’t have any friends or family members to turn to for a referral, make sure you watch for these three warning signs of a terrible broker.
Read Full Article