Where to get reliable home buying advice?
Buying a house for the first time can be very challenging. Get the help that you need by getting advice from the right people.
13:24 30 July 2013
Identifying the best type of mortgage can be pretty difficult if not tricky for first time homebuyers. For this reason, getting professional advice from the right people is extremely useful.
There are several professionals that you can talk to if the process of taking out a mortgage becomes confusing. Some of them are the following:
- Mortgage brokers. These are professionals who broker for both homebuyers and financial institutions. They are not working for any mortgage company but they have access to different lenders. You can expect unbiased advice from these people since they are not promoting a particular lender.
- Mortgage loan offices. These people are also knowledgeable when it comes to the process of taking out a mortgage. However, they are working for a lending institution thus, they are more likely to promote specific loan products to make money.
- Realtors. These people represent both the buyers and sellers in the home mortgage process. They are very knowledgeable as they are required to complete multiple courses and get certifications to practice in this field.