How bound am I to carry through with a mortgage broker if I decide I don’t like working with them?


broker
DB asked:


The broker is currently working to correct mistakes on my credit bureau free of charge as part of her service to get me a mortgage. However, for various reasons, I am not comfortable having her represent me in the search for the mortgage. What kind of etiquette should I follow to break the relationship after she has spent time working on my credit report?

This entry was posted on Monday, December 21st, 2009 at 12:00 am and is filed under Personal Finance. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

2 Responses to “How bound am I to carry through with a mortgage broker if I decide I don’t like working with them?”

  1. src50 Says:

    A simple written notification that you have decided not to proceed further with your loan application. src50

  2. golferwhoworks Says:

    just tell her you changed your mind but if you get a bill for what she has done in clearing your credit PAY It as these items and updates can get expensive on our end and it isn’t fair for her to eat it with a lost client. That is like hiring a painter to paint a room and getting 1/2 way through you don’t like the color you picked out. Are you not going to pay?
    I am a mortgage banker in TN & KY golferwhoworks

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