WHY BROKERS ARE BETTER

Everyone can feel lost when it comes to mortgages. They’re complicated, confusing, and only relevant a few times in your life. But you’re not alone. Brokers will walk you through the process in a way that makes sense, and leaving you feeling empowered.

Benefits of Using a Mortgage Broker

Brokers work for the borrower, not the bank. Independent mortgage brokers have flexibility to shop rates from multiple lenders with unmatched earning potential.

Brokers are the wholesale lender’s valued client. They compete for your business – providing top of the line service to make sure you are a repeat customer.

Brokers are a part of their local community, with established relationships with local borrowers, as a trusted partner for your home buying
experience.

Brokers give you the big bank support, with all the freedom and flexibility Wholesale offers, with access to a wide variety of technology and services to support you.

What Does a Mortgage Broker Do?

EVALUATE NEEDS

Brokers meet with borrowers to discuss their needs, assess their financial situation, and educate them the mortgage loan process

RESEARCH OPTIONS

Brokers review loan offerings from different lenders to find the best option for borrowers to buy or refinance their homes

REPRESENT BORROWERS

Brokers represent borrowers and negotiate with mortgage lenders to get the most competitive interest rates and pricing

ASSIST WITH APPLICATIONS

Brokers assist borrowers with the loan application, including obtaining credit reports, verifying financials, and coordinating all of the paperwork

HELP TO CLOSE LOANS

Brokers work with underwriters and closing agents to close loans on
time

The Difference Between

Brokers

Brokers advocate for the best deals possible for their clients.
Brokers can get clients access the widest range of Mortgage and loan options.
Brokers are required to undergo rigorous training and certification processes.
Brokers compensation is a federally fixed rate, included in the total mortgage.
Brokers are available to their clients 24/7, can answer any and all questions.
Brokers collaborate with their clients for the best mortgage terms possible.

&

Bankers

Bankers work solely in the interests of the bank.
Bankers can only offer the standard options offered by their employer.
Bankers standards for training are much less stringent.
Bankers' compensation is not fixed; rates can be higher w/ additional fees.
Bankers can only meet briefly for scheduled appointments.
Bankers are a service rendered by the bank, terms cannot be negotiated.

BORROWSERS SAVE THOUSANDS OF DOLLARS

Cost savings to borrowsers using wholesale loans, 2021*

Independent mortgage brokers help millions of homeowner including economically and socially disadvantage hose holds, obtain mortgage loans.

With access to a wide range of loans and lenders,independent mortgage brokers are able to help homeowners obtain the best loans and to save borrows time and money.