Mortgages brokers are essentially salespeople. I've been doing this for a couple of years now and I can honestly say I don't think we really see ourselves as that though. Maybe it is because we don't sell our clients anything tangible. We sell percents, theoretical savings, education and insurance. If I want to continue the sales pitch- peace of mind. Salespeople are usually equated with cars, televisions and furniture. Not future savings.
We don't sell you houses; that is the profession of Realtors and a good one is worth their weight in commissions. We definitely don't buy you houses as ultimately it is your name on the title deed. You are the home-owner, no matter how big or small.
I find you the right lender for your needs. The lender is the one who will probably give you the largest amount of money in your life. And while you don't technically see it in nice crisp $100 bills like in the movies, you do become responsible for it and most importantly, paying it back.
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| that's a whole lot of house right there... |
So what is a mortgage broker? As I mentioned earlier, we sell you numbers and savings. If it helps to be more tangible, we find you the right lender for your needs.You don't pay us to do that; instead the lender pays us.
I think the biggest question out there is 'Why bother?'.
