Why Mortgage Brokers help Borrowers find and apply for the right LOAN Apply Now
Why Mortgage Brokers help borrowers find the great deals on the right LOAN for their situations!
Expert Mortgage Brokers have had a significant positive impact on the lending industry. Today, the use of a professional Mortgage Broker is one of the key strategies used by sophisticated borrowers.
Using a professional Mortgage Broker is a key strategy used by sophisticated borrowers. Mortgage Loans Colorado has all of the programs from the top mortgage banks in the country. We are here to serve, need help? Call us today!
What is a Mortgage Broker?
A Mortgage Broker is an independent real-estate financing professional who specializes in the origination of residential mortgage loans.
Mortgage Brokers normally pass the actual funding and servicing of loans on to wholesale lending sources.
A mortgage banker have banking relationships and are working with (on average) as many as 40 lenders at any one time.
By combining professional expertise with direct access to hundreds of loan products, your banker provides the most efficient way to obtain financing tailored to your specific financial goals.
What Do Mortgage Brokers Do?
In the volatile home-lending market, Mortgage Brokers can serve as safeguards, offering their clients security, safety, and peace of mind. One of the banker's most important functions is escorting your loan application through the entire process, constantly patrolling the component transactions for possible breakdowns.
A professional mortgage banker can wade through the mountains of rate data and program options, researching current market conditions to find the most accurate and up-to-date information about cost-effective loan options.
Bankers Handle the Details!
There are literally thousands of variables that can affect the outcome of your mortgage transaction. That's why you need a mortgage banker to act as a liaison between the title and escrow company, real estate agent, lender, appraiser, credit agency, the underwriters, the processors, attorneys, and any other services which may affect your transaction.
A Mortgage Broker also:
Discusses and explains financing program options
Informs you, in writing, of lock-in options
Explains all documents of the loan application
Explains all associated costs of the loan application
Explains the disbursement of all loan applications
Explains the loan process, from application to closing
Provides you with a good faith estimate of cost and fees
Communicates with you throughout the loan process
- Coordinates the final closing of your transaction
We are here to answer any questions you may have.
How much can I borrow?
What is the right loan for me?
Do I have to come into your office to get started?
Questions about Lendem Financial mortgage loan options? Why you should think about using a mortgage broker vs a bank? Using a Mortgage Loan Officer that has access to all sources of lending institutiuons helps people get the best loan for their situation and offers all options on the market vs the programs at one bank. Call Todd Rubick of Lendem Financial and tell him why the bank said no... If your tax returns do not show your true income, or credit is less than perfect... Full service all source lending strategies will be offered for those that need them.