Why use a Mortgage Broker?
Cheaper rates and a higher level of service is why it's better to use a mortgage broker than to go through the big banks. A lot of people have the misconception that a mortgage broker is just a middle man that adds on a fee. That is not the case. We as mortgage brokers have access to wholesale rates. When you go to the big bank, you are paying retail rates. When you work with a mortgage broker you are working with an individual who sees you as an important client. When you go to the big banks you are just another one of millions of customers. You deal with multiple departments and you don't get the same level of service that you do with a small company who values you.
Do you offer the same loans that the big banks do?
Yes, and not only that, we offer more loans than the big banks do. Because we are able to work with multiple lenders we have a larger pool of loan services to provide you. Banks limit their product offerings so you may not get the type of loan that you want if you only go to the big banks.
How quickly do you close a loan?
Our typical closing time is 21 days or less.