Mortgage brokers are people who bring lenders and borrowers together in order to set up the process of a loan. In addition, a broker may also make arrangements with a lender so that the best possible deal can be made for the borrower.
It is important to note that once a borrower makes contact with a mortgage broker in Kelowna and agrees to work with him or her, the broker will begin to seek important information from the borrower such as his or her assets, income and where they are employed. In addition, a credit report will also be needed so that the borrower’s ability for financing is reviewed. Once the mortgage brokers has amassed all of the important details that […]