IT’S ALL ABOUT APPROVAL IN REAL ESTATE! These days, a buyer's biggest concern shouldn't be so much about finding the lowest interest rate, but finding a lender who will approve their application. There are three basic types of mortgage providers, each regulated by a different agency, and following different disclosure laws. Banks: generally employ their own underwriters and provide loans with their own money. They often have mortgage products matched to particular situations, such as manufactured homes or new construction. Minimum credit score requirements will vary from bank to bank. Brokers: work on a commission and make a little more (0 comments)