The best time to look for a mortgage broker depends on your personal situation and timeline. However, a good rule of thumb is to start looking for a mortgage broker as soon as you begin seriously considering purchasing a home or refinancing your current mortgage.
If you are planning to buy a home, it is a good idea to start looking for a mortgage broker several months before you plan to start house hunting. This will give you time to find a broker you feel comfortable working with and to get pre-approved for a mortgage, which can help you make a stronger offer when you find the right property.
If you are planning to refinance your current mortgage, you can start looking for a mortgage broker as soon as you decide that refinancing is the right option for you. Keep in mind that it may take several weeks to complete the refinancing process, so it’s a good idea to start early to ensure that you have enough time to get everything done.
Overall, the earlier you start looking for a mortgage broker, the more time you will have to find the right broker and get your mortgage or refinance approved in a timely manner.