Facts for the mortgage market in Italy to show its nature and the role of mortgage broker process. The largest segment of the market is that banks are not involved went to market dominance-making in less than fifty years. Previously, he was not allowed until 1954, creditors of mortgages. By the end of 2008, 62 percent of 906 billion euros worth of outstanding residential mortgages were held by them. By 2007, almost seventy percent ofresidential mortgages were his. The reason for this dramatic change is that the banks in 1992 were key players in the market even after the changes in the Bank Act of 1992.
A recent survey showed that mortgage brokers see increased use of their services, particularly from first time homeowners and young women. But potential customers by the end just go to their lender of their mortgage with little research and basically no bargainingThey accept the first offer. Only one quarter to seek the help of a mortgage broker in today's world, which is still up 15 percent over a period of 10 years. You lose the best chance of a loan and mortgage brokers to vote you can get with free services.
An accredited independent mortgage broker can be a blessing. The broker can be a source of impartial guidance free of charge. The broker will help clients learn the Options and prices negotiated on your behalf with creditors. authorized intermediaries are qualified in accordance with applicable state laws and rules.
A particular feature of a mortgage broker, mortgage agent is that the broker has experience of several years. The broker must have a mortgage broker, of course. A mortgage broker can monitor an agent.
Mortgage agent can only work for a single> Mortgage Broker. As the broker, the agent must be licensed. This requires compliance with certain qualifications. The agent has a license within two years to complete the educational program required. These can be offered by commercial operators. The curriculum is standardized, but varies the offer size. A test is considered, what has been learned.
An ombudsman for the first qualified and worked as an agent. The broker also has a properlyMortgage Broker course. After taking the course, the broker has a license approved.
Brokers scout for the best choice. The consumer can save effort and cost of their services. You also have access to hundreds of individual products mortgage lenders are not known and can not offer. In addition, products that are unique.
This useful services are free. The broker is a commission from the lender. TheCommission expresses guides and size, not on the basis of an assessment for. They may be available to its customers of bankers, as well as hours of work outside the bank. Customers can also access on weekends and after hours. Mortgage Broker renewal may be made in it. Support for external commercial loans for investment may also be a service to them. house purchasers who have never a home, before finding comfort in keeping the mediathe broker.
