March 22, 2010
General Insurance from Berkeley Alexander
… by leading UK insurers. They are a key provider in the IFA and mortgage broker market, delivering a range of general insurance products including: • Mortgage and Payment Protection /Accident, Sickness & Unemployment (unemployment only options available) – choice of products and online quotes … Mortgage Brain: Bromsgrove, United Kingdom: Mortgage Brain Limited. is the UK’s main provider of mortgage sourcing, point-of-sale, compliance and electronic trading solutions.
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General Insurance from Berkeley Alexander
Filed under MPPI, UK Mortgage Protection by on Mar 22nd, 2010.
Comments on General Insurance from Berkeley Alexander
I put this one on both parties. The consumer is ignorant to borrow the max amount and not take into account his own financial risk at being mortgaged to the hilt.
The mortgage broker is also at fault for not forcing the ignorant consumer to see the TOTAL cost of his loan through the life of the mortgage. He should also show worst case scenarios to his client to ensure he is prepared for bad times.
The mortgage broker is in the business of selling mortgages. So, I would place more blame on the consumer for not examining worst case scenarios and purchasing larger mortgages than they could afford under those scenarios.
Again, as a buyer I’m comfortable finding a mortgage broker (or two!). Heck, I may even go with my local credit union. And we already have a pretty cool escrow guy posting here.
Everything You Need to Know About a Mortgage Broker: A mortgage refers to a loan acquired for a property or a ho…
thank you for posting this. i live in florida and want to become a mortgage broker. is there a good website where i can study before i actually step into a class room.
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