How to find a good broker?

[Jose Gonzalez]

Hello bp,

I’ve been working on my credit for a while and now that I’ve reached a score of 740, I’d like to know where I stand as far as what loan I qualify for. Any recommendations for a good broker that can help a newbie investor in New York?

[Raul R.]

Credit score is an important factor but no the only one.. Banks also look at your income, reserves, DTI (debt to income), Employment duration to name a few.. My suggestion is pick your location where you want to invest and find a Mortgage Broker thats familiar with that market...