Once your mortgage broker has a good understanding of your current and future financial situation, they can begin explaining the wide range of loan options available from a host of different lenders. They should be able to outline the various loan products in plain English, as well as explaining the loan process from application to close including the documents required through the process. In addition they will go through all associated costs, disbursements, and fees of the loan application and give you a written schedule.
You can expect your broker to negotiate with lenders to find the best deal, while communicating with you throughout the loan process in a timely manner. Through the application process, they will follow up with the lender for you from application through to approval. Even once your loan is settled, good mortgage brokers are your resource for questions, concerns and ongoing review.
Regardless of your situation, New Life Funding brokers can help you achieve your desired outcome. Our areas of speciality include: