Mortgage Broker Facts
Mortgage brokers are experts in the field of mortgage loans. Mortgage brokers work with home buyers to find the right mortgage loan much in the same way as real estate brokers help you find the right house.
The primary service offered by mortgage brokers is expert knowledge, not only of mortgage rates and terms, but also of the various mortgage loans offered by specific banks and lending institutions. Therefore, mortgage brokers can save you time and money by identifying lenders and mortgage products that match your particular situation and preferences.