I am Graham. I and, my partner were looking for buying a home jointly. We have each spoken our separate banks but were finding it hard to find hold of someone who could give us a helpful response. Then our friend Annie told us to call Tony. Tony is a mortgage broker of First Choice Mortgage Brokers and Annie was his old client. Then we decide to call him.

I didn’t look for some other advice before calling him because I trusted my friend's suggestion.

We pick a property valued at $300,000. Tony arranged a mortgage for $285,000 on a 30-year time period with an interest rate of 5%. Additionally, we added a $15,000 down payment of us.

We understand the main benefit of using a good mortgage broker was that he did all of the runnings around and visited our home to prepare the finance.

He came on my doorway with all the details I required and made the entire process of obtaining a mortgage quick and easy. Also, without having to handle the lender directly was a relief.

Our mortgage broker got most of the emphasize of finding a mortgage, but in hindsight, there were a few factors that went mysteriously by our broker.

I didn't do any study on the exit costs for my home loan if I were to get free from it inside the first five years, and my broker didn't bring this to my attention, either. I have a long-term plan for this house, and this does not get worried me, while at the end of the day there will always be things that you could have asked more queries about it.

My broker could have been more approaching with details, expertise, and direction, which is why you need to ask a lot of questions. I wish I'd been more positive in learning more about mortgages.