The mortgage offer has become so diversified that, if you are looking to access this bank financing, the process can be somewhat overwhelming, especially since it involves the search and comparison of multiple financial products.
In our day today, we compare all the products we buy with others with the same characteristics to see if we are acquiring the best option … so why not do the same with a mortgage? since it is one of the most important decisions in life.
What if we told you that is there an easier way to carry out this procedure? We invite you to know the knowledge and activities carried out by a Mortgage Broker.
Are mortgage brokers better than banks?
Today, there is a specialist who has extensive knowledge of all the mortgages offered by banks, but above all, he can indicate to a client what type of credit is the best one to hire, according to capacity payment, income, and needs of each person. There is not the best mortgage credit for all people, the best mortgage credit is the one that suits the financial profile of the client.
We have previously written about the best profile to get the best conditions on your mortgage, but for now, what needs to be made clear is that A mortgage broker is a specialist and works as an intermediary between financial institutions and people who want to apply for a mortgage, this to guide them and choose the best option.
Whats the difference between a mortgage broker and lender?
To achieve this objective, at Creditaria we have identified that to be successful mortgage consultants must have extensive knowledge of the following topics:1. Prospecting clients, studying the client’s profile, identifying the needs, and being able to decide the credit that you consider with the best benefits for your client.2. Comparison of options, analytical skills in policies, conditions, banking requirements; as well as the level of indebtedness since the interpretation of account statements and the credit bureau are essential at this stage.3. Tax skills (interests); Credit conditions vary according to the term, monthly payment, or interest rate, although the latter is not always the most important.4. Phases of the mortgage loan: the checklist of documents and filling out applications are an important part of the formation of the file and entry to the bank of choice.5. And finally, the formalization of the credit accompanies the client until his signature. Therefore, knowledge of real estate legal reviews is required (deeds, appraisals, plans, identification of real estate payments, etc.)
What does a mortgage broker usually do?
In general terms, a broker analyzes the profile, advises, and accompanies you throughout the mortgage process, since it has full knowledge of various financial products and different banking institutions. One more advantage of going to this professional is that they report on the progress in each stage of the mortgage loan and in most cases there is excellent personalized attention, which guarantees that the process is carried out faster and on time. of the client who requests it.
Being backed by an expert company in the intermediation of mortgage loans is important and will allow you a greater scope of sales and credibility in the benefits that are granted as a broker. A Creditaria mortgage broker has growth opportunities since we have experience of more than 17 years in the market and our team of experts will always support you.