Consider a Broker for Your Mortgages

BY JAY WHITE

As a consumer, you have many options to choose from for a mortgage — your bank, credit unions and a plethora of retail lenders. However, many people do not know there also is a world of mortgage brokers out there who can facilitate the same loan that any lender offers.

Many people might ask why use a broker when they can just go to the bank themselves. Here is why:

1. Brokers have lower costs. They do not have the overhead that other lenders have; therefore, they get lower rates.

2. Brokers offer lower rates. They do not charge processing and junk fees.

3. Quicker service. Banks and lenders who wholesale want brokers’ business and their loans. Brokers are not “captured” agents; they have the freedom to use whomever they want, and if a lender does not give them the best service and fast turnaround times, they easily can go elsewhere.

4. Expanded guidelines. Brokers have access to all products in the market, not just what the bank or lender wants to offer. They can choose commercial, full construction and nonqualified mortgages, in addition to no overlays for conventional, Federal Housing Authority, U.S. Department of Agriculture and Veterans Affairs loans.

Brokers have a distinct advantage these days that, frankly, they did not have seven or eight years ago. They are here to serve their clients in the best way possible by offering better pricing, lower costs, faster closings and more buying power.

BAD

Whether you have a new puppy or difficult 5-year-old, let our experts help you teach them good behavior. We offer a variety of classes for puppies and adults, covering everything from important commands to crate training. Best yet, they're affordably priced, starting at just $25.

SM 5505 Bells Ferry Road, Suite 210, Acworth, GA 30102 mostlymutts.org/training