Salem, NH Mortgage News

 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.

Mortgage brokers have to take regular educational courses and pass rigorous exams to be licensed.

Why use a broker?

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.

The 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 products.

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.

Posted by Michael Loffredo, CMC on September 16th, 2016 2:34 PM
View Comments (1)

Omni Mortgage Company, Inc.
NMLS#: 1954

Michael Loffredo NMLS 12192

224 Main Street Suite 1A
Salem, NH 03079-3187