MORTGAGE BROKER
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ADVANTAGES OF MORTGAGE BROKER
- Chris learns about the home you are buying and about your personal finances to propose the type(s) of loan best suited to meet your needs.
- Chris offers loan programs from many different lenders and is more likely than a single lender to find a loan that meets your special and personal needs. It is good when banks compete over you.
- The price of a loan involves a dozen factors like type of loan, type of property, terms of loan, purpose of loan, and type of borrower. These things fluctuate daily and so do the prices of loans. Chris is equipped with the tools to figure all this out and get you the best price.
- Chris knows all the tricks, scams, and traps, that the unwary are exposed to. Let Chris search for your mortgage and you dodge the bullet.
- Chris by law must give you a written mortgage broker agreement describing the services he provides to you and the dollar amount of the mortgage broker fee.
- Chris by law may not accept any fee in connection with his services until he obtains a written commitment from a qualified lender. (except application fee, credit report fee)
- Chris by law may not engage in any misleading or deceptive practice in securing your home mortgage.
- Chris is required by law to provide you with the facts about the cost of obtaining a mortgage loan so you have the ability to make informed decisions.
- Chris has the special knowledge about negotiating with lenders. His expertise will place you in a favorable position to obtain a loan meeting your special needs at the best price.
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Loan officer for a bank may try to get you a high priced loan, but Chris works with many lenders to get you the lowest priced loan.
- Chris in general, as your mortgage broker, helps you to get a loan best suited to the particular needs of the home and your finances,and get this loan at the best price.
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