Why should I trust the advice of a mortgage loan professional?

I have asked this question before - I would like to see if anything has changed.Why should I trust the advice of a mortgage loan professional?
You really should not trust most of them. There are very few requirements to get the job and it attracts MANY unethical people. Trust one that your family or friends has used in hte past.





Do not forget they do not get paid unless they earn a commission. Also, not all banks offer equal commission, some will push the loan on you that means the most pay for them.





Never use one you can not meet face to face.Why should I trust the advice of a mortgage loan professional?
Personal issue. However if you rely on any advice given by a professional with whom you have entered into a relationship with and you act on such advice and you are harmed by acting and relying on such advice, guess what; that professional is in big trouble legally and financially.
The question was, ';why should i trust the advice of a mortgage loan professional?';, and the answer should be the same as the last time you asked it! You shouldn't! Make sure you understand what they are offering you, and then check out the other options available to you. NEVER BUY INTO what they are selling automatically, there are always other options and one of them may be better for you! Rates, points etc.......Be studious and check them all out! Good luck!
A mortgage loan professional is just like anyone else who gives you advice or an opinion. You take it or leave it. If you want someone trustworthy, talk with friends, relatives or other people who have had good experiences with them.
A good mortgage broker can offer you a number of choices and find the mortgage that best fits your needs. You can choose the mortgage that is least costly or that fits your requirements better than others. Some lenders are inflexible and their offer may not suit you but they don't want to adjust. Others may adjust to fit the terms you want.
Nothing says you ';should';... take your information and make your own decisions. To be fair, make sure this loan professional has all details disclosed by you... a full 3 score credit report, a full application, and all income and asset information. With this, your professional can give you accurate program and rate info for what you QUALIFY for. http://www.choicerealestate.net/
it really depends what the advice was....if he was telling to do something that is OUT OF HIS LEAGUE (health insurance, life insurance, securities, stocks, bonds, mutual funds, etc) then no.





I worked at BofA, and not many people knew what they were talking about FACE TO FACE. The only way to know is to actually do some research yourself....or ask for 2nd opinions.





Many people meet Face to Face...and it's all a joke. You wouldnt know if they were lying or didnt know what they were talking about if they were on the phone, in person, in India...