Updated 26 days ago
The function of the secured loan broker is to fulfill the attributions, such as the marketing of creditors, to attract potential clients and to carefully evaluate the financial conditions, the credit history and the borrowing capacity of the borrower. The broker verifies the financial stability of the borrower by interviewing him and verifying his credit history through credit card reports and also verifies the profit and loss account of the borrower. The valuation of the market and the presentation to the borrower of various mortgage products in the market that meets the needs of the mortgagee and the recommendation of a suitable lender is another important function performed by the mortgage broker. You can read more about the role of the mortgage broker, and how they can help you here.