Many lenders use the services of Mortgage Brokers to perform what is known as the “origination” of the loan; to meet with and pre-qualify the Borrower, verify the credit and property aspects of the loan, and then provide it to them for funding. By performing this function, the Mortgage Brokers are entitled to “Wholesale Interest Rate” pricing, which allows your Mortgage Broker to always be competitive.

It does not cost more to use the services of a Mortgage Broker. In fact, most often a Mortgage Broker can offer Borrowers better pricing than if you went to the same lender directly.

Your Mortgage Broker is aware that the financing they provide has a third ingredient beyond rate and fees; timely performance. The Mortgage Broker has an intense desire and a vested interest to honor their commitment to provide the requested financing in a timely manner, for to do so gives them the lifeblood of their business, returning clients and referrals from satisfied Realtors and Borrowers.

If you were to apply for a loan from a Lender directly, the Lender would do what Lenders ALWAYS do; make you fit their program. The Mortgage Broker receives rate quotes daily from Wholesale Lenders, both local and national, with hundreds of different programs and loan approval criteria. Your Mortgage Broker, as the representative of the Borrower and not the Lender, then finds the program to meet the specific needs of the Borrower the only REAL way to get the “Best Loan”.

Mortgage Brokers represent the Borrower, not the loan program!

Interest rates change daily, and your Mortgage Broker can provide the Borrower the safest loan available. The Borrower can, under many programs, choose to obtain a mortgage commitment and lock-in rate at initial application that will insure that the interest rate being offered will be available at the time of closing.

The Mortgage Broker protects the Borrower!

The world of mortgage finance is a world of constant change. Your Mortgage Broker is dedicated to keeping up with such change to provide the maximum professional service to their clients. This dedication is based on the belief that professionalism is only achieved by having the correct blend of product knowledge, people knowledge, and an intense commitment to customer satisfaction.

Mortgage Brokers are Real Professionals!