September 16th, 2016 2:34 PM by Michael Loffredo, CMC
A mortgage broker is an independent financial
professional who specializes in the origination of residential mortgage loans.
They have had a significantly positive impact on the lending industry and have
become a key strategy used by many borrowers.
brokers have to take regular educational courses and pass rigorous exams to be
Why use a
In the unpredictable
mortgage market mortgage brokers can serve as safeguards, offering their
clients peace of mind in the navigation of a complicated process. We constantly
monitor and guide your home loan through underwriting, approval, and closing. A
mortgage broker will review piles of program options and variables to come up
with the best loan for the client’s individual needs. Working with many lenders
and funding sources they can shop for the best program, rate and closing cost options.
difficulty of the mortgage process, including the need to gather reams of paper
documents is one of the reasons for the success of the local mortgage broker segment,
and their technology allows them to work with borrowers in various ways
including on line, or in person.
Mortgage brokers offer the
largest number of options, since they can shop your loan among many lenders.
And if your loan can be done, a broker will find a place to do it. In general,
banks have the fewest options available because they offer only their own
Going with a really honest
broker will without a doubt result in better pricing and service than anywhere
else. Omni Mortgage Company in Salem,
New Hampshire has built such a reputation of trust and reliability. So call Omni
Mortgage Company today at (603)893-6616.