Would you trust a person to give you the best solution for yourself when this solution is the one that brings him the smallest commission? I wouldn’t. Mortgage brokers are this category of people. In theory, you go to them, tell them what you want and they recommends you the best option. You think the best option is YOUR best option, but is NOT.

Mortgage brokers will recommend you what brings them the higher commission. They are not stupid to recommend what is best for you and so they could win several hundreds dollars, when they could fool you choose a variant that will bring them thousands.

So be careful.

Also, mortgage brokers are focused on closing the deal. They do not care about your particullary situation. That you could go out of job, out of money. They are interested ONLY in their pay. So, it’s better to talk with some friends, to get the advices from them, tehn from these sharks – mortgage brokers.