Mortgage broker

Mortgage broker  — this new actor in the market mortgage lending. His appearance relates to the increase in the number of credit organizations involved in mortgage, and the number of mortgage programs. If a potential borrower mortgage loan can not or does not want to deal independently in this flow of information, he will come to the aid of a mortgage broker it. 

There as independent mortgage brokers , and mortgage lending divisions consisting of real estate agencies, whose staff also called mortgage brokers . The main advantage of any mortgage broker  — the existence of practical knowledge about the procedure for mortgage lending and personal contacts with banks providing mortgage loan. Well, the main negative — this is payment for services, which could amount to a fixed amount (from 5000 to 30000 rubles), or a certain percentage of the loan (from 1 to 5%). True, some real estate mortgage broker services can be obtained free of charge, provided that the borrower will seek to acquire mortgage and housing with the help of this agency.