mortgage broker Anaheim CA

September 25, 2020

Important Facts About A Mortgage Broker, Anaheim, CA

1. A mortgage broker is a licensed financial professional Emphasis on “licensed.” That means you can not just work with someone who says he is a mortgage broker, Anaheim, CA. Check the license or certification to ensure that he is indeed licensed to offer their service. Note that a mortgage broker plays an essential role in your goal as a home buyer as he acts as a middleman between you and prospective lenders. He does most of the legwork – gathering documents, pulling your credit history, verifying income, and applying for loans on your behalf. Therefore, work with a legitimate and highly qualified one. 2. A Mortgage Broker is either lender-paid or borrower-paid (but never both) Usually, a mortgage broker […]