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Updated over 7 years ago on . Most recent reply
Choosing a Mortgage Broker
Hello Everyone,
I have questions with mortgage brokers. My investment real estate agent recommended a mortgage broker that is located in a different city than the one I currently live / invest in.
My question is that I have not met this mortgage broker and that he requested a lot of information ( Social Insurance number, wages, income, saving and so on...). Seeing as I have not met him, is this common practice? or is this something I should be wary of? Should I find a local mortgage broker?
Additional information - I currently live in Edmonton, Alberta Canada.
Thanks!
Most Popular Reply
@Richard Huynh you are not locked in until the day of closing but I would find someone you trust and make a commitment to the Loan officer or Broker.
- Melvin List
