PANTA FAMILY


Sunday, October 19, 2008

Three Common Misconceptions Of Mortgage Brokers

Some first time home buyers opt to obtain a loan directly through their local bank branch rather than employing a mortgage broker. The reason why this may occur is because there a few misconceptions associated with the mortgage broker profession. In reality, mortgage brokers and their respective brokerages have come along way from the days of selling loans simply for profit purposes. Listed below are three opposing thoughts on common mortgage broker misconceptions.

They just want to sell you a loan.
Fact is that once a mortgage broker is employed by you, he or she is simultaneously employed by your mortgage lender as well. Ultimately, however, a loan will not go through unless the future mortgagor, you, agree to the terms of the loan that your mortgage broker had set up for you with your new lender. This means that first and foremost you are their customer, not the lender’s. Additionally, mortgage broker fees are extremely competitive and they are aware of that fact. So much so that most brokers are willing to negotiate their fees with you which will, in turn, take your concern that they are just trying to make a buck out of the rest of the loan process equation.

They are old fashioned and only do business one way.
Some people picture a mortgage broker as a ‘business only’ profession. Meaning that customer service is not a high priority. On the contrary, mortgage brokers are constantly training on new and improved ways to satisfy their customers needs. Whether it is learning how to initiate a short sale on your behalf or taking seminars on what new programs lenders are able to offer you as a consumer, they are continuously finding new ways to keep their finger on the pulse of what prospective clients want and need.

They will quote you an interest rate just to get their foot in the door.
While it is true that the mortgage interest rate amount fluctuates daily it does not mean that the rate they may quote you today will be obsolete by tomorrow. Mortgage brokers are able to negotiate directly with lenders in order to lock your interest rate for a certain period of time in order to get your loan approved and closed in a timely manner. Please note that some lenders will require monies up-front in order to lock in a certain rate, however, the funds put in will be credited back to the customer at the time of closing.

Mortgage Brokers work for you and take pride in what they do. They want to know what new programs there are in order to stay up to date with our market needs as well as be able to provide you with superior customer service. Choosing a mortgage broker over a loan officer at your local bank branch has its advantages. When you decide a mortgage broker is right for you, you will get a highly skilled, well trained, and customer service oriented professional.

Labels:

24 Comments:

Anonymous Anonymous said...

Hello everyone!
I would like to burn a theme at here. There is such a nicey, called HYIP, or High Yield Investment Program. It reminds of financial piramyde, but in rare cases one may happen to meet a company that really pays up to 2% daily not on invested money, but from real profits.

For quite a long time, I earn money with the help of these programs.
I'm with no money problems now, but there are heights that must be conquered . I get now up to 2G a day , and my first investment was 500 dollars only.
Right now, I managed to catch a guaranteed variant to make a sharp rise . Turn to my blog to get additional info.

http://theinvestblog.com [url=http://theinvestblog.com]Online Investment Blog[/url]

January 30, 2010 at 7:21:00 PM PST  
Anonymous Anonymous said...

: O So mush entropy: O ... Dude, that is the most great web page .
..: D

Feel free to visit my site :: profitable online business ideas 2013

May 19, 2013 at 3:19:00 AM PDT  
Anonymous real estate nepal said...

nice blog

November 29, 2014 at 9:54:00 PM PST  
Blogger Jame Obama said...

Nice article
visit
How to make money fast
to learn and earn more money.

February 11, 2015 at 12:09:00 AM PST  
Blogger Adams Kevin said...

म एडम्स KEVIN, Aiico बीमा plc को एक प्रतिनिधि, हामी भरोसा र एक ऋण बाहिर दिन मा व्यक्तिगत मतभेद आदर। हामी ऋण चासो दर को 2% प्रदान गर्नेछ। तपाईं यस व्यवसाय मा चासो हो भने अब आफ्नो ऋण कागजातहरू ठीक जारी हस्तांतरण ई-मेल (adams.credi@gmail.com) गरेर हामीलाई सम्पर्क। Plc.you पनि इमेल गरेर हामीलाई सम्पर्क गर्न सक्नुहुन्छ तपाईं aiico बीमा गर्न धेरै स्वागत छ भने व्यापार वा स्कूल स्थापित गर्न एक ऋण आवश्यकता हो (aiicco_insuranceplc@yahoo.com) हामी सन्तुलन स्थानान्तरण अनुरोध गर्न सक्छौं पहिलो हप्ता।

व्यक्तिगत व्यवसायका लागि ऋण चाहिन्छ? तपाईं आफ्नो इमेल संपर्क भने उपरोक्त तुरुन्तै आफ्नो ऋण स्थानान्तरण प्रक्रिया गर्न
ठीक।

March 21, 2015 at 4:41:00 PM PDT  
Blogger ninest123 Ninest said...

ninest123 10.17
prada handbags, red bottom shoes, michael kors outlet store, tiffany jewelry, ray ban sunglasses, nike air max, louis vuitton outlet online, christian louboutin, cheap oakley sunglasses, nike free, replica watches, polo ralph lauren outlet, louis vuitton outlet, louis vuitton handbags, kate spade outlet online, michael kors handbags, ugg outlet, louis vuitton, tory burch outlet online, burberry outlet online, michael kors outlet online, nike air max, christian louboutin outlet, cheap ugg boots outlet, oakley sunglasses, prada outlet, polo ralph lauren, ray ban sunglasses, louis vuitton outlet, tiffany and co, gucci handbags, replica watches, longchamp outlet online, christian louboutin shoes, longchamp handbags, cheap ugg boots, oakley vault, burberry outlet online, ugg boots clearance, michael kors outlet online, ray ban outlet, nike outlet, chanel handbags, cheap oakley sunglasses, oakley sunglasses, jordan shoes, ugg australia

October 16, 2015 at 8:35:00 PM PDT  
Blogger ninest123 Ninest said...

michael kors outlet online, air jordan, north face pas cher, mulberry uk, guess pas cher, nike air max, burberry pas cher, longchamp, nike roshe, coach outlet, coach outlet, hollister uk, nike air force, true religion outlet, michael kors canada, air max, scarpe hogan, ray ban uk, nike free pas cher, nike blazer pas cher, lululemon outlet online, michael kors uk, nike air max, true religion outlet, air max pas cher, louboutin, lacoste pas cher, ralph lauren uk, hermes pas cher, nike roshe run, abercrombie and fitch, kate spade outlet, longchamp pas cher, ralph lauren pas cher, new balance pas cher, michael kors, coach purses, true religion, true religion jeans, hollister, converse pas cher, nike free, sac vanessa bruno, vans pas cher, north face, coach outlet store online, tn pas cher, timberland pas cher, oakley pas cher, ray ban pas cher

October 16, 2015 at 8:39:00 PM PDT  
Blogger ninest123 Ninest said...

nike roshe, nike air huarache, baseball bats, p90x workout, ferragamo shoes, asics shoes, louboutin, vans outlet, herve leger, valentino shoes, nike air max, babyliss, new balance outlet, insanity workout, chi flat iron, nfl jerseys, ray ban, air max, abercrombie and fitch, giuseppe zanotti, hollister, mont blanc pens, oakley, converse, vans, longchamp, beats headphones, ralph lauren, north face jackets, reebok shoes, north face jackets, abercrombie, bottega veneta, jimmy choo shoes, iphone case, birkin bag, soccer jerseys, lululemon outlet, ghd, hollister clothing store, instyler ionic styler, converse shoes, nike trainers, celine handbags, mac cosmetics, wedding dresses, gucci, timberland boots, mcm handbags, soccer shoes, michael kors outlet, longchamp outlet

October 16, 2015 at 8:41:00 PM PDT  
Blogger ninest123 Ninest said...

nike roshe, nike air huarache, baseball bats, p90x workout, ferragamo shoes, asics shoes, louboutin, vans outlet, herve leger, valentino shoes, nike air max, babyliss, new balance outlet, insanity workout, chi flat iron, nfl jerseys, ray ban, air max, abercrombie and fitch, giuseppe zanotti, hollister, mont blanc pens, oakley, converse, vans, longchamp, beats headphones, ralph lauren, north face jackets, reebok shoes, north face jackets, abercrombie, bottega veneta, jimmy choo shoes, iphone case, birkin bag, soccer jerseys, lululemon outlet, ghd, hollister clothing store, instyler ionic styler, converse shoes, nike trainers, celine handbags, mac cosmetics, wedding dresses, gucci, timberland boots, mcm handbags, soccer shoes, michael kors outlet, longchamp outlet

October 16, 2015 at 8:47:00 PM PDT  
Blogger ninest123 Ninest said...

michael kors handbags, ugg, moncler, montre femme, canada goose, sac louis vuitton, pandora uk, wedding dress, louis vuitton, swarovski uk, marc jacobs handbags, louis vuitton canada, moncler outlet, pandora charms, canada goose outlet, coach outlet, michael kors outlet, moncler, links of london uk, canada goose pas cher, uggs canada, louis vuitton pas cher, moncler, moncler, michael kors outlet online, swarovski jewelry, juicy couture, moncler, hollister canada, supra shoes, louis vuitton uk, canada goose outlet, moncler outlet, moncler, ugg boots, barbour jackets, doke gabbana outlet, pandora jewelry, canada goose, canada goose outlet, canada goose, ugg soldes, canada goose, thomas sabo uk, karen millen, sac lancel, replica watches, ugg, juicy couture outlet, barbour, toms outlet, pandora jewelry
ninest123 10.17

October 16, 2015 at 8:47:00 PM PDT  
Blogger 艾丰 said...

jianbin1128
michael kors handbags
nike trainers uk
air jordan shoes
kansas city chiefs
chicago bulls
babyliss outlet
nike air max
ray ban
wellensteyn coats
oklahoma city thunder
soccer jerseys,soccer jerseys wholesale,soccer jerseys cheap,soccer jerseys for sale,cheap soccer jersey,usa soccer jersey,football jerseys
oakley outlet
futbol baratas
ugg boots outlet
tiffany jewellery
the north face
tods shoes,tods shoes sale,tods sale,tods outlet online,tods outlet store,tods factory outlet
golden state warriors
cheap ugg boots
lacoste polo
converse sneakers
belstaff jackets
oakley
true religion sale
michael kors handbags clearance
ray-ban sunglasses
oakley sunglasses
tiffany jewelry
valentino shoes
north face outlet
swarovski outlet
nike outlet

November 27, 2015 at 6:44:00 PM PST  
Blogger Wesley yuniarty said...

jual apartemen jual apartemen jual apartemen apartemen murah apartemen jakarta sewa apartemen louisville apartemen dijual harga apartemen sewa apartemen sewa apartemen sewa apartemen sewa apartemen apartemen dijual apartemen moi cari apartemen jual rumah sewa apartemen pavilion apartemen jakarta harga apartemen

December 17, 2015 at 2:44:00 AM PST  
Blogger Vicente wiko said...

Rent Catering Info Konten Information Travel Marketing Jual Rumah Informasi Training Jasa Jual Beli Marketing Rumah Jasa Catering jasa training Jasa Akuntansi Little Forum Kursus Online Rental Mobil di Jakarta Lomba SEO Rumah Tangerang Jasa Company Profile canhr.info theregenerationroadmap.info youthalive.info

December 30, 2015 at 6:23:00 PM PST  
Blogger Ara khodijah said...

Jual Rumah Di Alam Lelang Rumah Rumah Dijual Di Del Mobil Truk Pasir Daftar Produk Pemutih Baju Import Butik Online Baju Korea Rumah Dijual Bsd 40 Tas Branded Kw 1 Gudang Tas Tas Batam Grosir Interior Apartemen Minimalis Rumah Baru Bsd City Kosmetik Dan Aman Rumah Dijual Puspita Loka Kosmetik Pemutih Wa Krim Pemutih Selang Harga Baju Murah Reseller Baju Korea Fashion Grosir

December 31, 2015 at 8:49:00 PM PST  
Blogger Lexie riezky said...

jual apartemen gading serpong tangerang jual apartemen tangerang selatan jual apartemen jakarta barat jual apartemen jakarta pusat jual apartemen jakarta selatan jual apartemen jakarta timur jual apartemen jakarta utara jual rumah dki jakarta jual rumah jakarta barat jual rumah jakarta pusat jual rumah jakarta selatan jual rumah jakarta timur jual rumah jakarta utara jasa kontraktor waterproofing jual bahan bangunan jual baja ringan jual bata jual besi

January 2, 2016 at 8:32:00 PM PST  
Blogger Vicente wiko said...

Lomba SEO jual apartemen alam sutera Jasa Bangun Rumah jasa kontraktor drainase Jual Paving Block Jasa Video Shooting Sewa Mobil Jakarta jasa konsultasi properti Little Forum jasa bangun rumah jual rumah serang Jasa Video Shooting jual apartemen banten serang Jasa Pemasaran krim pemutih wajah herbal konveksi baju Rental Mobil Jakarta Jasa Video Shooting konveksi baju Rental Mobil Jakarta Lomba SEO

January 6, 2016 at 6:17:00 PM PST  
Blogger Jayna firman said...

Harga Paving Blok Tas Tas Batam Harga Pasir 2013 Contoh Teralis Jendela Tas Grosir Branded Desain Minimalis Cara Pembuatan Genteng Gambar Pagar Besi Minimalis Harga Besi Cor Permainan Mobil Truk Genteng Mantili Biaya Bangun Rumah Minimalis Fashion Wanita Teralis Pintu Tas Tas Bermerk Tas Grosir Tas Murah Bandung Tas Original Berat Jenis Beton Jasa Desain Rumah.Com

January 6, 2016 at 10:04:00 PM PST  
Blogger Sunny ipank said...

Rumah Dikontrakan Pintu Besi Garasi Harga Pasir Silika Pabrik Paving Block Arsitektur Rumah Sederhana Rumah Bsd Harga Rumah Nusa Loka Toko Grosir Online Rumah Dijual Nusa Loka Rumah Bsd Dijual Mu Harga Hebel Harga Rumah Murah D Rumah Di Jual Di Al Kosmetik Buat Wajah Taman Minimalis Batu Alam Gambar Genteng Cara Membuat Batako Harga Tas Murah Instalasi Listrik Rumah Tangga Interior Apartemen

January 7, 2016 at 9:06:00 PM PST  
Blogger Wesley yuniarty said...

kelebihan pasir silika bangka belitung karakteristik celcon hebel beton ringan cara memasang hebel bata ringan cara menghitung biaya atap baja ringan jasa arsitek rumah desain interior rumah minimalis taman rumah minimalis waterproofing membrane jual hebel miliki harga kanopi baja ringan mudan genteng metal rangorang kanopi rumah setiap jasa cor nCaliforniaColoradoIllinoisO jual conblock like jual pipa galvanis khas jasa instalasi listrik tes tukang taman jakarta onomi jasa bangun rumah mencuci gambar interior rumah uas epoxy lantai abaikan

April 9, 2016 at 1:54:00 AM PDT  
Blogger jawad zaib said...

Your Site Is Very Good and The Post is Well On Topic, Thanks for Sharing it with us.

New Songs 2016
funny status for whatsapp 2016
apple iphone 7 specs
hindi shayari on love 2016
New Indian Songs 2016 Fawad Khan Music Video
Latest android phone reviews 2016
http://www.newsongshd.com/

April 9, 2016 at 10:26:00 AM PDT  
Blogger Yoko Hao said...

kickfit |
boxing | vo tu ve | kick boxing | Quyen Thai | muay thái | võ gậy arnis
học muay thái ở hà nội | lớp học boxing cho nữ tại hà nội | học võ tự vệ tại hà nội | kick boxing hà nội | kickfiness

July 26, 2016 at 1:39:00 AM PDT  
Blogger aaaaaa said...

http://www.ju.edu.jo/home.aspx
Jordan University
[url]http://www.ju.edu.jo[/url]

October 30, 2016 at 2:09:00 AM PDT  
Blogger mmo hao said...

Hat is 100% brushed cotton with our unique design the front.This light soft hat can be packed away easily making it the ideal hat for vacation travel and all times when you want to keep the sun off of your beautiful face
petty hat |
cactus hat | papi hat

April 13, 2017 at 3:27:00 AM PDT  
Blogger شركة النسور said...

شركة كشف تسربات المياة بالدمام

July 31, 2017 at 5:08:00 PM PDT  

Post a Comment

Subscribe to Post Comments [Atom]

Links to this post:

Create a Link

<< Home