Phone

1-855-SAN RATE (726-7283)

PHONE

1-855-SAN RATE (726-7283)

A Mortgage Broker is an independent, trained professionals licensed to represent and provide you with the best advice for your mortgage needs.

The primary expertise of a Mortgage Broker is locating funding for mortgage financing. Brokers have the knowledge required to present a proposal for financing to lenders in the best way possible to successfully obtain mortgage financing. They know where the best lender package suitable to your specific situation can be found and they can help you save on your mortgage dollar.

Working with an experienced, competent mortgage broker can help you find the right mortgage. There is a wide assortment of options and features available to real estate buyers today. Shopping around takes a lot of time and effort. It pays to work with a mortgage professional who will represent you and ensure the mortgage you get is the one best suited to your needs. Choosing the wrong mortgage can cost you thousands of extra dollars.

These are some of the advantages of working with a mortgage broker:

A Broker saves you time and money – he or she may have access to different lenders, banks, trust companies, investors and financial institutions. Some lenders work exclusively with mortgage brokers and rely on them to bring them suitable clients and you may not be able to work directly with those lenders.

A Broker has access to a variety of private sources of funds or private/alternative lenders. These lenders can provide many various mortgage products not available at conventional sources.

Because mortgage-based financing is the broker’s primary business, he or she has developed expertise in what type of mortgage financing each lender prefers to pursue. This kind of knowledge not only results in the most favorable rates for each project but often whether a project is funded at all.

A Broker may also be able to get special rates from lenders due to the volume of business generated that might be lower than you can get on your own.

As a Broker specializes in mortgages and is knowledgeable on current trends and up-to-date on all the mortgage rates, most likely he or she will find you the best-suited mortgage to your financing needs.

A Broker works for you, not the bank.

A Broker has a vested interest in satisfying your needs since they rely on referrals and repeat business.

Often the success of obtaining mortgage approval depends on the way a proposal is presented and to whom it is sent. A professional presentation to a lender on the first application will get the best response and save you valuable time and money. A Mortgage Broker is trained to present your mortgage proposal where and how it will get the most immediate, positive result.