Hi,
I was wondering if anyone could help me out with the following. I am looking to find out what the 7 most important questions asked by investors / borrowers are before they approach a lender or broker for a loan.Are fees and charges the most important issues borrowers want to know about. Is it rates, mortgage terms anything. the information would be most helpful for a report I have to do.
How long have you been in the business
What are your qualifications
Are you licensed to give me advise … show me yr certificates.
Are you registered with TDFT … MIAA … etc
Are you qualified to give advise on investment properties … not PS 146 or RS 146 –
What is your dealers license number
If something goes wrong can I have a copy of your insurance certificate.
Will you personally guarantee the figures and projections you are quoting
Can I get a better deal by going direct to the bank.
MIAA is now called MFAA
I think i would also be asking how many properties do you own and what is your net worth.
Personally I wouldnt want to be taking advice from a Mortgage Broker who has never owned an investment property.
Richard Taylor | Australia's leading private lender
Thanks guys for your responses this has been really helpful
You must be logged in to reply to this topic. If you don't have an account, you can register here.
