Using a mortgage broker provides many more opportunities when compared to a retail mortgage bank
Using a mortgage broker as opposed to a bank
Using a mortgage broker instead of a retail mortgage bank is beneficial in many ways. A broker deals with anywhere from 50-150 banks with hundreds of different programs, rates/guidelines, and payments. A broker can custom fit a loan to a clients individual needs/wants and get it approved by multiple banks. A retail bank is going to give you one rate, one payment and one set of guidelines. If you don’t fit into their guidelines or don’t like their rate your loan is DENIED! Call Bridgewater Funding today for many more valuable FREE tips on home buying or refinancing. "Se Habla Espanol"!! 631-277-2500
the Mortgage Guru
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