The Role Of Mortgage Brokers In India: Advantages And Disadvantages

Ans: It is advisable to conduct your own research and not solely rely on a mortgage broker. While brokers offer valuable assistance, their network may not include all lenders in the market, and there is a potential for bias. Comparing offers and exploring other options independently can help you make an informed decision.

Ans: When selecting a mortgage broker in India, consider factors such as their experience, reputation, and track record. Seek recommendations from trusted sources, review their qualifications, and inquire about their fee structure and disclosure policies. It’s important to choose a broker with whom you feel comfortable and who prioritizes your best interests.