Is it Possible to get Good Advice from Mortgage Advisers without paying
a Broker Fee?
Many respectable mortgage advisers will not charge you a broker fees for
sitting down with you and going over making arrangement for a mortgage or for
taking the time to advise you on what mortgage is best for you. This enables
you to find out more information about taking out a mortgage without any cost
to you, so there’s no risks involved and you get the advice you need to take
the next steps in your financial and home owning future.
However, by not charging a broker fee, mortgage advisers will not be able to
spend an adequate amount of time with you to fully discuss all your personal
and financial needs in detail. This may result in you not receiving the best
advice possible or the best mortgage offers that will meet your needs or goals.
While it is a good idea to speak with any of the mortgage advisers available in
your area, free of charge, you may want to take things a few steps further and
schedule an actual appointment with them after your free consultation so that
you may discuss additional plans and options much further.
Sourcing and arranging all the major details of a mortgage takes a large amount
of time and deciding to take out a mortgage is a very important decision that
you really do not want to take any chances on. You should think twice before
you commit to any mortgage advisers that claim they do not charge a broker fee
yet are willing to commit all the necessary time required to arranging your
case. A decision this vital to your family’s future should not be taken lightly
and you need to take plenty of time to go over every detail and think things
through.
So can you really get quality advice from mortgage advisers without having to
pay a broker’s fee? The answer is both yes and no, depending on what advice you
want to receive. If you have a few basic questions about the mortgage process
in general then yes, taking a few minutes to speak with a mortgage adviser so
that they may answer some simple questions will help you get started with the
process. But if you want to go much further in detail with your questions and
talk about your own financial capabilities and what mortgage would be right for
you, then it would be best to arrange an appointment with a reputable mortgage
adviser and pay any fees associated with the visit.