Why a Mortgage Broker

I used to be a mortgage broker. I kind of never stopped being one-I can still write loans if I want to. People still ask for my help on occasion even though I don't actively work the business.

A mortgage broker is a great resource for borrowers. Most brokers have access to multiple lenders and can often provide one stop comparison shopping for folks in need of mortgage loans. Most brokers usually have more knowledge of different types of government loan programs and they usually have access to a wide variety of non-conforming (or specialty) lenders.

A good mortgage broker also gives great service. Most people are pretty cranked up about borrowing hundreds of thousands of dollars and often times the broker keeps them down to earth and eases them through the process.

You can go to the local bank when you need a mortgage if you want, but when you are looking to purchase a home or do a mortgage refinancing, a good mortgage broker is priceless resource.