Can mortgage brokers make mistakes? According to Joseph Mardesich, president of National Apartment Finance there are common mistakes but there are steps you can take to implement corrections. I will share what the top mistake at this time and continue later. First is working backwards. People find a borrower and then finding a lender. I remember we went to several lenders first to see what program they had to offer and used it as leverage with other lenders. As a mortgage broker, if you have the lenders lined up first, you can market that specific lender’s programs to the needs of the client. Wouldn’t this make you look more organized to your client?
