Joseph Girouard, a mortgage broker, is responsible for working on behalf of the mortgage lender and borrowing individual by assembling and verifying all closing documents required by the insurance company and initializing loans. He explains the legal aspects of the loan to the borrower as well as payment terms and clauses to them. He defines repayment terms to consumer and educates them on default consequences.

Adding to his responsibilities, Joseph assists the client with fee management in relation to obtaining a mortgage or approaching a new lender. As a mortgage broker, he assesses and educates his clients on the financial position and circumstances of a potential borrower. He ensures that legal disclosures are understood by the client and submits all the document requirements to the lender. Overall, he assists the client with obtaining pre-approval for a mortgage loan.

As a mortgage broker, Joseph Girouard makes an estimation of the appropriate loan amount and type for the borrower and the loan-to-value ratio. He then submits the financing application to a lender for approval, acting as a liaison for the lender and the borrower during the entire process.

About Joseph Girouard

He finds appraisers to determine property values, conduct title searches, and compare properties. Joseph Girouard has the knowledge of tax regulations and laws, understanding of real estate laws, and managing updated property lists.