Working with Reputable Mortgage Brokers

A Checklist

Mortgage brokers aren't lenders or bankers; they are independent businesspeople who specialize in helping their clients find the appropriate financial tools to accomplish their goals. Reputable brokers are in business for the long-term; their business is built over years of providing quality products and services to the community. Most brokers do little advertising, because their clients are their best source of new business, both from referrals and repeat business.


Brokers are regulated by federal and state laws and guidelines. Disreputable brokers don't last long. There are several ways to know you're dealing with a professional:

	They will provide specific details of the entire mortgage process from application to closing, as well as provide lending options and associated costs.
	They will offer references freely for your consideration.
	They will not discriminate based on race, religion, ethnicity, gender, marital status, age or income.
	They will not pressure you.
	They will notify you of loan closing details within three business days.
	They will share a lock-in agreement and a Good Faith Estimate for your review.