As a mortgage broker, you’re the crucial link between future homeowners and the financing they need to secure their investment. You know the tricks of the trade – how to get the best rates for your clients, what to look for in a mortgage contract, and when to sign on the dotted line for a life-changing loan.
But, as we all know, the real estate market is far from static. Just look at what happened when the housing bubble burst back in 2008, and what’s happening now with the economic turmoil caused by the Coronavirus pandemic. Staying competitive in such a speculative industry means protecting yourself against a number of risks with business insurance for mortgage brokers.
Here are just 3 reasons why mortgage brokers need business insurance to operate with confidence and peace of mind.