Between all of the click bait, teaser rates, and call-center & online lenders inundating homebuyers with advertising campaigns, it can be difficult to know which home loan option is best suited for you! Now more than ever, consumers shopping for home loan options are discovering that #brokersarebetter when compared with the large, corporate institutional lenders and banks & that by selecting a lending professional that can actually shop rates and programs for them, they win. Big.
Want to know WHY brokers are better? Here's the FACTS:
1. Brokers aren't captiveto any one bank or lender but rather, can serve your interests freely. They shop, you win.
2. They generally have access to more lenders & options, so if you have a unique need or challenge they are most likely to be able to help.
3. They can save you a lot of wasted time and effort by doing the shopping for you and giving you a comprehensive comparison. If they know one particular channel will be best suited for your unique situation, they can save you a lot of difficulty by setting things up right upfront.
4. Brokers can generally offer you lower fees & better rates, since they don't operate with the middle-management bloat of big mega lenders. Big lenders have to bake THEIR costs into YOUR rate & fees; we don't.
5. Brokers are free to operate with far less bureaucracy of the institutional banks and lenders which can then be passed on to you in the form of streamlined processes. Less red tape means less stress for you.
JUST DOING YOUR RESEARCH?
If you're the kind of person that takes the time to research all of your options thoroughly so that you KNOW you're getting the best option with the most competitive value, than a mortgage broker is the best for you! Lets talk!