October 24, 2007

Independent financial advisor

When you are paying too much for a mortgage, you often don't realize it until you have already given away thousands of dollars. Your hard earned money is an excellent reason for to shop around for mortgage quotes.

Much of the work that goes into a mortgage quote is done by the lender. The loan officer uses your information to determine how much of a credit risk you are and whether or not that risk is acceptable.

Being honest with your Mortgage Broker is one of the best things you can do to receive a reasonable mortgage quote. Since this information will be verified later on, it is best to be honest upfront.

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