Exclusive Buyer

options available because their products are specifically geared toward the bank’s professional interests, which won’t necessarily match your own. However, banks can also be more flexible, as they are the ones who are lending the money for a home. Further, if you, the buyer, own other substantial assets, this can work to your advantage in making a deal with the bank, as it gives you leverage, making the process smoother and less complicated and lengthy. But in working with a mortgage broker, you will likely find that you have the largest number of mortgage options that you wouldn’t necessarily have been able to find otherwise. This is because mortgage brokers work independently—meaning they aren’t tied to a specific bank or mortgage-lending company — and often work with a significant number of financial outlets. This gives you many more options, and the broker can help you find the best loan and deal from many different lenders. RESEARCH HOMES WITHIN YOUR BUDGET There’s no point in spending a good chunk of your time looking for something that you ultimately can’t afford. This is why it’s so important that once you’ve got your finances in order and you’ve hired a professional mortgage broker, you search for homes that are within your budget. Don’t waste your time looking for homes that aren’t affordable for you, and for which you will not get approval for a loan — especially if you just so happen to find your “dream home” — a dream that will always be just out of reach. Better to stick to your budget! Researching homes that are for sale on the market is easy today, since you can find, and then view, most of them online. Further, many online tools can help you with calculations. These tools will give you a general idea of what you’d be getting yourself into by factoring in your income, expenses, and overall mortgage