The 7 Sins of Mortgage Brokers

I picked up a set of tips off of Best Syndication by Chris Suffern. Chris runs RefinancingTips.com.au. He has created a list of the 7 sins of mortgage brokers. You can find his list in a condensed version here on Home Equity Mortgage Guide, and in a more complete and detailed version on his site.

The 7 Sins:

Sin 1: Favouring their loan product.

Sin 2: Being influenced by commission.

Sin 3: Hiding the real cost of the mortgage.

Sin 4: Withholding information.

Sin 5: Allowing client ignorance.

Sin 6: Being Uninsured

Sin 7: Being Unqualified.

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