5 Mar

Brokers make a Difference

Mortgage Tips

Posted by: Lynn Nequest

Brokers make a DifferenceWhile many people will go to their bank to obtain a mortgage or line of credit, they often feel betrayed by their favourite bank if their application is rejected.

One big advantage that we have over banks is that we can send underwriter notes along with the application. Our questions and speaking at length with the borrower give us insight that the underwriter will never get from the facts and figures on the application.

A while ago, I had an application at a lender for a young man who wanted to buy his first home.

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