Broker Versus Bank

Consumers often ask: Why would I go with a mortgage broker over a bank. The answer is that Brokers have far more options for Buyers and Homeowners than a single bank. Indeed, we also represent all the top retail banks, but we've also got other lenders and programs that fit all types of needs. Additionally, brokers are generally available about 24 hours a day. We find solutions and can shop your loan to get the best scenario. Recently, many Realtors are saying ONLY get your financing from a retail bank for "security" to make sure that their client's purchase closes on time. Nobody wants your loan to close more than the mortgage broker and the Realtor. If it doesn't close... nobody wins. I've seen retail lenders fail to fund purchases recently...which is counter-active to the advice of some Realtors. Nobody wants a purchase to fall out. I offer you the argument that a broker will work harder, provide better service, better communication, and be there for you, the CUSTOMER, far more than any other person in your transaction. For refinance or purchase loans, go with a mortgage advisor with all the tools and the experience. I have a referral for you: Pat Townsley, Mortgage Broker. 415-485-1776. Your referrals are appreciated! http://www.ptre.net/