Facts about working with a german mortgage broker
1. Why a german mortgage broker?
A german mortgage broker ist after §34i GewO licensed financial professional. He acts as a middleman between you and potential lenders. In germany we have over 450 Banks and other lenders. Once you settle on a loan and a lender that works best for you, your mortgage broker will collaborate with the bank’s underwriting department, the closing agent (usually the title company) and your real estate agent to keep the transaction running smoothly through closing day.