Are you considering your mortgage plan when it comes to your home or an investment property? Mortgage planning can be tricky, and nearly 60% of property owners say they wish they better understood the details of their mortgage. If you’re looking at an existing conventional mortgage, are a first time home buyer, are considering buying a vacation home, or are thinking about the future with an investment property, here’s everything you need to know about working with a mortgage broker.

What Is A Mortgage Broker?

This essentially a person who acts as a middleman between you and whomever you hope to secure a loan from for that investment property or new family home. They are licensed professionals who can do everything from gathering documents to helping you get a

Looking for a home is a big decision and one that usually comes with a good amount of stress. You have to figure out an entirely new set of finances and figure out what kind of mortgage or loan is going to work the best for you. Many homeowners will seek professional advice, but almost 60% wish that they had a better understanding of the terms and specific details of their mortgage. Even if you seek professional help, they may not be able to break down every single bit of the mortgage, and if you seek refinancing or different payment plans, having that intimate knowledge could be important. If you’re thinking about buying a home, you should know the general types of mortgages — a conventional mortgage versus a government-backed mortgage like VA home loans.
What Is a Conventional Mor