Do You Need a Mortgage Broker?
Monday Jan 30th, 2017Share
Many homebuyers use the services of a mortgage broker in order to find the best terms and rates. A mortgage broker collects all the necessary documents from a borrower and gives those documents along to a mortgage lender for underwriting and approval. The mortgage funds are lent in the name of the lender, and the broker takes an origination fee from the lender as compensation for services. Working with an experienced and competent mortgage broker can help you find the... [read more]