1. Helps You Determine Your Creditworthiness
A mortgage broker is the one responsible for assessing your situation and determines your credit worthiness. With your personal information and financial status, he or she will be able to develop a better picture of the lending risk you have to the lender. In other words, the rate you will be offered depends on your credit. If the credit is encouraging, then you will be sure on getting better rates. This assessment also serves the purpose of typically covering your income levels and your abilities to make mortgage payments.