Monday, July 24, 2006

Mortgage Brokers

Be very careful chosing a mortgage broker as they are not all alike. They need to know how to communicate effectively with the underwriters and get the job done. When looking for a good mortgage broker make sure they have 10 years or more in the business and work extensively with investors. Also demand good customer service. If they are hard to get in touch with or don't return calls there is someone else out there that will. It's getting harder to borrow money thanks to all the foreclosures. Real estate investors need to be sharper than ever to get the job done.