The advent of the Internet has really revolutionised the mortgage industry. Now days you do not need to visit your local mortgage broker or bank to arrange a home loan, everything can be done sitting in front of your computer. Not only does this make the whole process quicker and easier but also means [...]
Posts Tagged ‘Local Bank’
Three Common Misconceptions of Mortgage Brokers
Some first time home buyers opt to obtain a loan directly through their local bank branch rather than employing a mortgage broker. The reason why this may occur is because there a few misconceptions associated with the mortgage broker profession. In reality, mortgage brokers and their respective brokerages have come along way from the days [...]
Should you Work With a Mortgage Broker, a Mortgage Marketer, or a Bank Representative?
There are three kinds of mortgage consultants:• The representative of the local bank branch: They only offer loans, and have many other duties besides mortgage loans, are salaried, with a possibility of an annual bonus.Traditionally, it is the local bank branch representative who acts as the mortgage consultant. He is the only one who is [...]
Mortgage Broker : Translator, Negotiator, and Ally
Purchasing a home can be a confusing time for first time home buyers. In the game of the purchasing and selling of Real Estate there are 5 main players. The buyer, seller, their respective real estate agents, lender, and most importantly, the mortgage broker. A mortgage broker is more than just the individual who sets [...]
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