Benefits of using a mortgage originator (part 2)
A mortgage originator does a lot more for you to ensure that you can buy your dream home.
They take care of all the administration and vital negotiations with the banks to find a home for you at the best possible interest rate.
An interesting point to consider is that 33% of all home loans that were declined by the buyer’s own bank are approved by other banks and this is what a mortgage originator does for you.
The mortgage originator will help you to take your application to the widest spectrum of the market and make every effort to help find a home loan for you.
An important prerequisite though is always a good credit record and an affordability check to ensure that you can afford the home loan.
28 Jun 2018
Author Seeff