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Updated almost 8 years ago on . Most recent reply

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18
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2
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Sara Bradford
  • Toronto, ON
2
Votes |
18
Posts

How to Choose the Right Mortgage Broker?

Sara Bradford
  • Toronto, ON
Posted

Hi all, 

I am looking to add a strong mortgage broker to my team.  Ideally someone independent and well-connected.  Anyone have great resources?  What are the best questions to be asking when meeting with potential candidates?

Thanks!

Sara

Most Popular Reply

User Stats

285
Posts
181
Votes
Jacob Perez
  • Rental Property Investor
  • Hamilton, Ontario
181
Votes |
285
Posts
Jacob Perez
  • Rental Property Investor
  • Hamilton, Ontario
Replied

Hey @Sara Bradford

I'm a mortgage broker, would love to chat. About 80% of my business is investors. I think you want to evaluate your mortgage broker & any member of your team the same (Realtor, Lawyer, etc.)

1. Are they actively investing in real estate & preferably are they ahead of where you are with their portfolio

2. Can you pick up the phone, call them & actually get through?

3. Do they do enough volume where they have strong bank relationships (quicker turnaround time, higher likelihood for an exception if your file needs it).

Look forward to connecting.

Jacob

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