Unlicensed Mortgage Brokers Get The Boot

With interest rates and house prices at historic lows, it is the perfect time to buy a home.

But before a purchase is made, a bank loan officer or a mortgage broker has to approve a home loan for the buyer.

Bank of Utah Chief Financial Officer Branden Hansen cautions prospective buyers to make sure the person they are dealing with is reputable.

"As a bank and being involved with the mortgage industry," Hansen said, "we had to compete with a lot of people we feel are less than scrupulous."

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1 comments:

Anonymous said...

Since you have gone to great lengths to be prepared for the appointment, the mortgage broker will be impressed and have proven to him your ability and desire to pay the loan.

utah mortgage broker

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