What You Need To Know About Houston Mortgage Brokers
Are you looking for a mortgage broker in Houston ? Find out the best mortgage brokers in Houston and the top questions to ask them before you make an appointment with one. What is a mortgage broker? A mortgage broker is a professional who helps potential homebuyers find the best mortgage loan for their needs and assists in the application process. Mortgage brokers work with banks and other financial institutions to find the best rates and terms for their customers. Mortgage brokers are required to be licensed in most states, and must complete 20 hours of continuing education every year to maintain their licenses. Some states also require mortgage brokers to post a bond or other security deposit. The first step in working with a mortgage broker is to get pre-qualified for a loan. This will give you an idea of what kind of loan you can expect to receive based on your income, debts, and credit history. Once you have been pre-qualified, you can start shopping for a home with the confidence...