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Mortgage Agent Cobourg

When buying a house, looking at the real estate listings can be fun and exciting. Securing the financing and walking through the mortgage process is usually less enjoyable. You need a mortgage agent who can facilitate the mortgage process. If you’ve decided to work with a mortgage agent to secure your financing, the next step is figuring out which agent to choose. Here are tips for choosing the right mortgage agent.

Get a referral from family and friends

Word-of-mouth is one of the best ways to find an excellent real estate agent. Do you have someone who has recently bought a home? Don’t be scared to ask your work colleagues, friends, and family members about local agents in your area. They should recommend a real estate agent they think would be best for you. Because you’ll be spending time with your agent, choose someone who connects well with you.

Try to read online reviews

Read reviews on Yelp, Google, and other review websites about the real estate agent’s ability. Try to pay attention to what people say about the agent’s administrative, communication, and problem-solving skills. The Better Business Bureau (BBB) is another source to help you know if there have been any complaints about the real estate agent and whether they have resolved those issues. You can check your state regulator to confirm if a mortgage agent is licensed.

Discuss rates

You will need to talk about the rate with the real estate agent. Only hire a licensed real estate agent who provides competitive rates and be more trustworthy. A real estate agent will receive payments from any successful deal, so you need to find out how much commission they get. Your chosen agent must clearly outline any fees or commission they will receive from you before entering into a contract.

Check for references

You can also ask the real estate agent you plan to choose to give you the contact of their previous clients so you can talk to them about their experience. If an agent declines to offer a reference or testimonial about their work, it may show that the real estate agent may not know the area the way they claim or has something to hide.

Ask questions

When you meet with a real estate agent for the first time, make an effort to ask some questions that will help you make an informed decision.

  • How long have you been working in this industry?
  • What the application process looks like
  • What’s your mode of compensation is?
  • Are you licensed with the state?

It’s helpful to gain access to the knowledge and connections of the real estate agent you’re planning to hire.

Choose The Mortgage Group (TMG)

We are your #1 choice for mortgage agent Cobourg. We know how crucial it’s to start and close a deal quickly. Our agent can make your home buying experience a positive one and save you thousands of dollars. Contact us today at 289-314-8786 to discuss mortgage needs.

Mortgage Agent Cobourg