The Difference Between Mortgage Lenders and Banks

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Mortgage Lenders Vs. Banks: What's The Difference?


Are you looking for a mortgage company or bank to apply for a mortgage? Which should you choose – A mortgage lender or a bank? We'll discuss the differences between mortgage lenders and banks, so that you can easily decide which is the right choice for you.

Contact us: 1-877-949-3739

www.drewmortgage.com


There has been a significant rise in the demand for mortgage lenders. Why? With banks, borrowers face restrictions when applying for a mortgage loan.

Contact us: 1-877-949-3739

www.drewmortgage.com


However, with mortgage lenders, you have several options available to you including independent lenders, national and local lenders, banks and government agencies with mortgage lenders

Contact us: 1-877-949-3739

www.drewmortgage.com


What Benefits Do Mortgage Lenders Offer? ➢

An opportunity to explore other mortgage lenders

If one source rejects your application, lenders have other sources to try

You will get a variety of loan options

They will complete all of the required paperwork for you

Contact us: 1-877-949-3739

www.drewmortgage.com


Challenges People Often Face At Banks ➢

If banks turn down your application, you cannot reapply

Banks will only provide you the mortgage loans available to them

There will be more paperwork involved for you

Contact us: 1-877-949-3739

www.drewmortgage.com


How Do Mortgage Lenders Finance Mortgages?

Mortgage lenders offer better quality customer services than banks. The mortgage loan will be granted to you through a financial institution and the lender will assist you throughout the entire process.

Contact us: 1-877-949-3739

www.drewmortgage.com


Contact us: 1-877-949-3739

www.drewmortgage.com


Contact us: 1-877-949-3739

www.drewmortgage.com


Contact us: 1-877-949-3739

www.drewmortgage.com


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