The home buying process can be very frustrating and stressful, especially if you aren’t working with the right mortgage broker. Unlike the big banks and lenders who can only offer you their in-house loan products, mortgage brokers pair borrowers with the right mortgage lender by acting as the middleman. Furthermore, you have the advantage of being able to comparison shop multiple lenders without the hassle and stress of talking with them directly.
Direct lenders are financial institutions or private entities that provide mortgage loans. They could be a bank or an online financial institution. This enables you to complete your application and get approved online. Borrowers often choose to deal with direct lenders with whom they have a relationship and have done business with them in the past. In some cases, this can help the borrower secure a better or larger loan amount.
Prospective borrowers who want to shop around for the best mortgage loans without the hassle of talking to multiple lenders will consult with a mortgage broker who can find the right fit for their financing needs. Mortgage brokers aren’t lenders per se and don’t use their funds for mortgage loans. They serve as intermediaries and help your comparison shop to find the right lender for your home-buying needs. James McBain of Liberty Capital Serices quoted “Mortgage brokers are more convenient and similar to a one-stop shop by eliminating the need to deal with multiple lenders. And we can help you get the best rates on the mortgage.”
About the Neighborhood Search App
If you’ve been searching for a way to access local neighborhood insights from trusted local housing market experts, our “Neighborhood Search App” is the perfect tool to use when searching for a home. Now you can have local insights and listing exclusives in one spot with this app. Shopping for a home online can be tricky. It used to be difficult to find neighborhood insights and keep track of your favorite properties.
Not anymore; not with our Neighborhood Search App. We created this app for the following 3 reasons:
- It helps you access local insights while browsing properties online
- It keeps track your favorite listings in one spot no matter where you saw them
- It allows you to contact us easily when you have property or neighborhood questions
The app is FREE to download. Simply click the button below and select “Add to Chrome”. Then, click the “Pin” so you can conveniently access the app anytime.
For more information about the Neighborhood Search App, call Liberty Capital Services at (614) 505-0620 today. Our business representatives are here to assist you take the right decision to find the right mortgage.