Mortgage Brokers

November 15, 2016

Qualities of a highly-qualified mortgage broker Sarasota FL

If you are shopping for mortgage in Sarasota FL, there is one person that can help you get the best deals in the market today: a mortgage broker. A mortgage broker bridges borrowers to their prospective lenders. However, the fact remains that not all them are equally trained, experienced and thus, you still need to be careful in hiring one – hire the most qualified mortgage broker Sarasota FL. These are some qualities of a highly-qualified mortgage broker: Good mortgage brokers are diligent. They always do their homework about multiple loan options to better serve their clients. They recognize that every buyer is unique – different incomes, different debts, and different financial situations. This is the reason why mortgage brokers who keep themselves updated with multiple options are a good prospect. They make prompt response to clients’ inquiries – be it through emails, phone calls, or by meeting in person. They recognize that clients can be anxious about their mortgage loans considering they involve some serious amount of money (big financial decisions). Thus, mortgage brokers always want to get their clients updated. They pay close attention to details. A good mortgage broker Sarasota FL is not only prompt but never skips details as well, most especially on loan products, fees, services, and the applicable mortgage laws in Florida. They are transparent to disclose any fees that will impact their clients’ financial condition, and they are knowledgeable to explain why their clients are having those payments. They provide enough time for […]
January 27, 2017

Ways a Mortgage Broker Can Help You, Tallahassee FL

What is a mortgage broker? In a simple definition, it is an individual or entity that acts as an intermediary brokering mortgage loans on behalf of individuals or businesses. In what specific ways a mortgage broker can help you in your quest for the best mortgage deals? Here are some: A mortgage broker can make a comprehensive analysis of your financial situation in order to find the best mortgage loan deals available the match your unique needs. A mortgage broker Tallahassee FL acts as your personal loan concierge – can do all the legwork for you. The broker applies for loans with various lenders on behalf of clients, making the best effort in finding and negotiating for the best deals in the market. A mortgage broker can also help you to get some loan fees waived for you. That is because most mortgage brokers have working relationships with several local, regional and even national lenders. A broker’s connection to different lenders will give you accessibility and one-on-one attention you likely will not find when you work directly with a loan officer at a bank. A mortgage broker will keep you updated on the home loan interest rates. This is imperative since the current interest rates on offer at banks is a huge factor to be considered in judging which home loan offer is the best for you. Your mortgage broker Tallahassee FL can also negotiate for a better home loan interest. Remember, a mortgage broker works for you and not […]
March 21, 2017

Mortgage broker Austin, TX

You have trimmed down your list to find your dream home, and now you are thinking of the best strategy to find the best deals on mortgage so that you can finally settle down – in that new home. One way that can help you in your quest for the best deals is to use a mortgage broker Austin, TX. With a mortgage broker, you are guided through the complex lending process from start to finish. Sounds good, right? However, there are important things you need to understand so that when you are working with your mortgage broker, it is going to be a smooth-sailing client-broker business relationship. Some questions to ask… What does a mortgage broker actually do? A mortgage broker (should be a licensed one), acts as a middleman between you and potential lenders. Working in your behalf, your broker will find the best mortgage lenders available – those who offer the most competitive terms and rates. Your broker does all the legwork for you – gathering the required documents, checking your credit history, among other pertinent tasks. How does a mortgage broker earn money? A mortgage broker, Austin, TX is get paid by a commission for the services he/she renders. In the most common payment set-up, a broker charges you for a loan origination fee, which is about 1% of your loan amount. How to choose the right mortgage broker? There are a number of ways to consider to be able to find the right mortgage broker. […]
March 21, 2017

Read this before you hire a mortgage broker

One way that can help you in your search for the best mortgage loan is to use a mortgage broker Santa Clarita, CA. A broker can help you navigate the complex lending process from start to finish. With expertise and a wide network of mortgage information they have, getting your dream home can become a reality. However, there are important things you need to understand so that when you are shopping for a home loan with your mortgage broker, it is going to be a smooth-sailing business relationship; it is imperative that you and your broker are on the same page. Here are some important things you need to know: What does a mortgage broker actually do? A mortgage broker, who should be a licensed one, acts as a middleman between you and potential lenders. Working in your behalf, your broker should find the best deals from mortgage lenders available – those who offer the most competitive terms and rates. Your broker does all the legwork for you – gathering the required documents, checking your credit history, among other pertinent mortgage loan requirements. How does a mortgage broker earn money? A mortgage broker, Santa Clarita, CA is get paid by a commission for the services he/she renders. In the most common payment set-up, a broker charges you for a loan origination fee, which is an upfront fee charged by a lender for processing a new loan application. It ranges between 0.5 to 1% of your loan amount. How to choose […]