Quote:
Originally posted by boneprone
When going in to buy a house what are some advanges and disadvantages going with a Mortage Brroker over a Bank Home Loan??
I know the banks are regualted by the Fed and are more overseen, but can Mortgage Broker really pull that many more strings? I mean with intrest rates as low as they are its really a buyers market out there.
Our broker offering me a pretty kick ass rate with zero down at the moment.
SOmething the bank isnt offering.
But its always concerning when in general these brokers seem like carsalesmen. I mean how many bankers call you up wanting to take you to lunch often. You get 1 or 2 phone calls and thats it from a banker.
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Well i think with a mortgage broker they will sell your mortgage to different banks. But i may be wrong
But i do know banks will sell mortgages to each other
Just go in with a heafty downpayment