4. You Think Your Broker Knows Best

Let’s get one thing straight, mortgage brokers don’t have your best interests at heart.

The first thing you should do is check for offers from local banks yourself. Brokers often recommend mortgage plans that give the highest reward packages, which means they’ll give less importance to your budget. They might convince you to pick something that you end up not liking later. Go with your gut, and fight for what you want. Brokers are often sweet talkers, and they’ll make you feel like their best friend, so don’t fall for it!

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