Realtors and Brokers :: New York Mortgage Broker
New York Mortgage Broker: The New York Association of Mortgage Brokers' Broker
If you're looking for a New York mortgage broker, one of your first resources should be the New York Association of Mortgage Brokers (NYAMB). While all mortgage brokers are regulated by the New York State Banking Department, the New York Association of Mortgage Brokers is a membership organization focused on a strong ethics' code, broker education, and member standards.
To learn more about the New York Association of Mortgage Brokers and how you can find a New York mortgage broker, keep reading.
How does choosing a NYAMB broker help me, as a home buyer?
Because NYAMB members subscribe to the NYAMB code of ethics, home buyers know they're getting a broker that's committed to fair advertising practices, staying informed on current mortgage trends, conducting themselves with integrity, always providing written agreements, legal practice, avoiding conflict of interest and answering to the NYAMB board should a complaint be raised against them.
By choosing a NYAMB broker, you're choosing a broker that has signed an obligation to protect you, the borrower.
What if I have a problem with a NYAMB broker?
As a mortgage buyer, you can make a formal complaint to the New York Association of Mortgage Brokers' Board of Directors. As firm believers in your right to a fair mortgage and honest treatment, they will hear your complaint and address it through a formal complaint process.
Before you hire a mortgage broker, you can also call the NYAMB to find out if a particular broker has ever had a formal complaint filed against him or her.
What can a NYAMB broker do for me?
A NYAMB broker can help you choose from national and local investors, clarify and understand your options and mortgage requirements, pick the mortgage that's right for you and set up a payment plan that's fair and achievable.
Where can I find a NYAMB broker?
You can find a New York mortgage broker by visiting the NYAMB website at http://www.nyamb.org and clicking on the “Locate a Broker” link. You can then search by geographical region.
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