Is it better to go through a mortgage broker or direct to a bank?

Is it better to go through a mortgage broker or direct to a bank?

A mortgage broker is an intermediary between you and the lender. Their job is to find you the best deal. They have a selection of hundreds of different lenders.

A bank can only show you what they have to offer. A mortgage broker can show you what that bank has to offer, as well as all of the other options available to you and your needs. Their knowledge of your specific situation and goals combined with their abundance of resources enables them to find the perfect deal for you.

A mortgage broker’s pre-approval letter can mean the difference between having your offer accepted or losing out to another potential buyer. This is because listing agents are familiar with a bank’s bureaucracy, which causes them to be slower. But, more importantly, the listing agent must protect their client in the event that the loan is not funded by the bank and the seller is forced to relist the property. It would lengthen the property’s days on market, which frequently results in a decrease in the final selling price.

Before going under contract or entering escrow, many listing agents require the prospective buyer to be cross-qualified. A mortgage broker can help you navigate this vetting process with confidence and answer any questions the cross-qualifying lender may have.

To get answers to other frequently asked questions visit our FAQ section: https://mortgagebrokersantamonica.com/#faqs

If you are looking for houses for sale in Beverly Hills or homes for sale in the other Westside, Los Angeles communities visit us at BuyDeluxeHome.com.  For mortgage and financing information visit Mortgage Broker Santa Monica or Mortgage Broker Beverly Hills.

Mortgage Broker Santa Monica is a local company with home loan experts dedicated to helping you find the right mortgage for your needs! We are always open to collaborating with local realtors. Please feel free to contact us. 

To view Santa Monica Houses for Sale

To view the most popular Santa Monica Neighborhoods

• North of Montana Homes for Sale
• Ocean Park Homes for Sale
• Silicon Beach Homes for Sale
• Sunset Park Homes for Sale

If you are looking for Beverly Hills Houses for Sale or Beverly Hills Homes for Sale visit us at Beverly Hills Houses for Sale. If you are looking for Santa Monica Homes for Sale or Houses for Sale in Santa Monica visit us at Santa Monica Houses For Sale. For mortgage and financing information visit Mortgage Broker Beverly Hills | Mortgage Broker Calabasas | Mortgage Broker Glendale | Mortgage Broker Pasadena | Mortgage Broker Santa Monica | Reverse Mortgage Newport Beach

Useful Links: Beverly Hills Houses for Sale / Beverly Hills Homes for Sale / Houses for Sale in Santa Monica / Santa Monica Houses For Sale / Mortgage Broker Santa Monica / Mortgage Broker Beverly Hills / Real Estate Agent Mar Vista / Beverlywood Real Estate Agent / Homes for Sale in Beverly Hills / Sell My House Fast Glendale / Beverly Hills Real Estate Agent / Cheviot Hills Real Estate Agent / Real Estate Agent Culver City / Real Estate Agent Marina Del Rey / Korean BBQ Koreatown | KBBQ Koreatown / Korean BBQ Koreatown | KBBQ Koreatown Menu / Mortgage Broker Calabasas / Mortgage Broker Glendale / Mortgage Broker Pasadena / Reverse Mortgage Newport Beach / Hancock Park Real Estate Agent / Holmby Hills Real Estate Agent / Manhattan Beach Real Estate Agent / Melrose Realtor / North Hollywood Realtor / Northridge Real Estate Agent / Rancho Palos Verdes Real Estate Agent / Real Estate Agent Hermosa Beach / Real Estate Agent Pasadena / Real Estate Agent Redondo Beach / Real Estate Agent Westlake Village / Real Estate Agent Woodland Hills / Realtor El Segundo / Realtor Santa Monica / Rolling Hills Estates Realtor / San Marino Real Estate Agent / Sunset Strip Realtor / Topanga Realtor / West Hills Realtor / West Hollywood Real Estate Agent / West Los Angeles Realtor / Houses for Sale in Malibu / Malibu Homes for Sale