This is another really important step that could instantly save you thousands of dollars. Nowadays you have the three main options for getting a mortgage. A mortgage broker, a mega bank, or a mortgage banker.

Now you are probably asking yourself, what’s the difference between all of them?

Well the answer is fairly simple. The era of the here today gone tomorrow mortgage broker that contributed to the Mortgage Meltdown of 2008 is over. Mortgage brokers are in it for themselves and may try to steer you into a loan product that is more profitable to them and not in your best interest as their client. I personally would want someone to represent me that puts my interest first, wouldn’t you?

Mega Banks, i.e. Wells, Chase, Etc., are everywhere and convenient, but your loan application will take 60-90 days to close with a large institution. Typically they have an overwhelming number of clients at any given time, and what happens is that they end up “Cherry Picking” only the best loan files for only the best applicants.

The best solution is a friendly down to earth mortgage banker that will take a “hands on” approach and give you the unique attention you deserve. This will give you access to multiple lenders, the best pricing, and quicker closings that can fit your UNIQUE situation. Rates are at historic lows, act now before they shoot back up again.

To talk to a reputable Real Estate & Mortgage Broker today, please call 281-222-0433 or visit: