Mortgage Brokers

Improved Essays
When searching for a mortgage, you will be faced with the decision of whether or not to use a mortgage broker. There are advantages and disadvantages to using a mortgage broker instead of applying for a mortgage directly with a lender.

One of the main advantages is that independent mortgage brokers have access to, and knowledge of, the entire mortgage market. Mortgage brokers are able to advise which lenders will consider your case and which lenders will not based on your individual circumstances.

Mortgage brokers are also adept at sourcing mortgages for people with poor credit ratings. They will have access to many lenders who specialize in lending to people with adverse credit. If you are in this situation, you may find it futile to apply

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