| A Homebuyers Service From CLHLLC |
MORTGAGE BROKER
SOME PROFESSIONAL OPINION
BANK RATE INC: "A mortgage broker is a professional who seeks the best mortgage terms for you by accessing a network of lenders that includes major banks, trust companies, credit unions and finance companies. This stable of lenders provides brokers with interest rates on a near-daily basis. A mortgage broker has relationships with the country's biggest lenders, but is not beholden to any of them. A broker is beholden only to you, the client. The broker will sift through the posted rates to find you the best one".
FANNIE MAE: "Mortgage brokers play a big role for credit-impaired borrowers. Credit-impaired borrowers were nearly twice as likely as all homeowners to rely on mortgage brokers for a home mortgage".
FEDERAL CITIZEN INFORMATION CENTER: "The mortgage broker’s role is to introduce the borrower to a lender and to do much of the paperwork. The majority of people find the better deal with mortgage brokers. About 65 percent of home loans are originated through brokers".
FEDERAL RESERVE BOARD: "Brokers will generally contact several lenders regarding your application, but they are not obligated to find the best deal for you unless they have contracted with you to act as your agent".
(Chris will find the best deal for you)
GENERAL SERVICES ADMINISTRATION: "Most brokers own or work for small businesses. Loan officers for banks tend to work for corporate behemoths. In large part, the decision whether to choose a broker or banker depends on which atmosphere you feel more comfortable with: a friendly mom 'n' pop shop or an efficient corporate office".
HUD: "Brokers arrange transactions rather than lending money directly; in other words, they find a lender for you. A broker’s access to several lenders can mean a wider selection of loan products and terms from which you can choose".
MORTGAGE BANKING SERVICES DIRECT: "A mortgage broker serves as a matchmaker between the home buyer and the lender".
MORTGAGE NEWS DAILY: "A famous quote in the real estate industry states ‘Underneath All is The Land,’ and the constantly changing ownership of this land requires financing. Mortgage Brokers are the experts who assist people in finding and negotiating the financing that fits a particular situation".
MOTELEY FOOL: "A mortgage broker can, in many cases, speed up your closing time, do all the processing, and get you a better interest rate".
NATIONAL CONSUMER LAW CENTER: "When working with a broker make sure you demand to know how much the broker is making from the lender as well as from any fees you pay".
(Chris says under Florida law, brokers must disclose this in writting)
SECURITIES, INVESTMENT COMMISSION AUSTRALIA: "In these days, with so many different loans and lenders in the market, you might rely on a mortgage broker to do the legwork for you. Mortgage brokers may be able to help you find out about suitable loans and arrange special deals".
GIVE “CHRIS” A CALL – LET’S DISCUSS HOME MORTGAGES, AND START YOU ON THE ROAD TO HOME OWNERSHIP
YOU CAN'T MISS WITH CHRIS. Call him today! OK?
