Mortgage broker or Direct lender? What do you choose? What’s the difference between the two and which is better? There are similarities between the two. Both brokers and direct lenders can conduct marketing campaigns to attract clients. They both can can gather information on your financial situation in order to determine whether you are worthy of … [Read more...]
How To Find and Choose a Mortgage Lender
Mortgage Broker Buying a house can be a daunting task. A mortgage broker can help. They are the professionals that match your needs with a home loan from a selection of lenders. But, it's important to choose the right lender. Choose one who is knowledgeable, accredited, and has proven results. Start by asking someone you know that has recently … [Read more...]
How to Compare Home Loan Rates
Finding the lowest-cost home loan can be confusing. But, it has gotten easier thanks to the standardized good faith estimate, or GFE, that the U.S. Department of Housing and Urban Development implemented in January. The new GFE clearly specifies your interest rate, the number of points you're paying for such rate, and lays out the terms of the … [Read more...]
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