Why Use a Mortgage Broker?
Mortgage brokers not only help you apply for the best mortgage, to purchase a house, but they also help in refinancing debt, buying a second home and obtaining a lower interest on your mortgage. Some even help in consolidating debt.
Are Mortgage Brokers Necessary?
First, the answer is a clear “YES”, especially if this is your first time applying for a mortgage and you know little about the mortgage market.
Second , you don’t pay for their services, and they’re glad to help. That’s because they earn their fees from the banks and the financial institutions they work with.
Third, they don’t have a conflict of interest. By considering many available lenders and mortgages, your government licensed mortgage professional can find the one that is perfect for your situation.
Fourth, they have a vast network of knowledge, expertise and products. They receive regular updates from banks and credit unions, and know when rates go up or down. If there is something you need to know specifically about mortgages, they will provide the answers so you can make an intelligent decision. If they don’t have the answers, they’ll go and get them for you. They’ll even explain mortgage-related issues like credit report, credit score, zero down payment, cash back offers, prepayment options, etc.
Fifth, it can be very convenient, because you don’t have to stand in line, or navigate the voice mail chaos of a bank. Unlike the staff, at your bank, they do mortgages exclusively. Mortgage brokers will go out of their way to meet you wherever you want – their office, your home, your office, in a cafe, in the library or on the phone.
So, by all means, go ahead and use a mortgage broker before you approach your banker for a loan. Since it won’t cost you a cent, you might as well take advantage of this service.
Know that a broker will work to find you the best loan that matches your criteria. They work for you, they don’t work for the institution that is selling the mortgage product. Since they are not employed by any of the financial institutions they represent, you have the assurance that they’re not selling you a product you don’t need.
METRO MORTGAGE SERVICES, INC.
Metro Mortgage Services, Inc.
555 Skokie Blvd. Ste. 500
Northbrook, IL 60062
847-853-7150
NMLS 195741, 195657
IL 4392, IL Residential Mortgage Licensee
Edie Jerome – President (NMLS 195657)
Email: [email protected]
Are Mortgage Brokers Necessary?
First, the answer is a clear “YES”, especially if this is your first time applying for a mortgage and you know little about the mortgage market.
Second , you don’t pay for their services, and they’re glad to help. That’s because they earn their fees from the banks and the financial institutions they work with.
Third, they don’t have a conflict of interest. By considering many available lenders and mortgages, your government licensed mortgage professional can find the one that is perfect for your situation.
Fourth, they have a vast network of knowledge, expertise and products. They receive regular updates from banks and credit unions, and know when rates go up or down. If there is something you need to know specifically about mortgages, they will provide the answers so you can make an intelligent decision. If they don’t have the answers, they’ll go and get them for you. They’ll even explain mortgage-related issues like credit report, credit score, zero down payment, cash back offers, prepayment options, etc.
Fifth, it can be very convenient, because you don’t have to stand in line, or navigate the voice mail chaos of a bank. Unlike the staff, at your bank, they do mortgages exclusively. Mortgage brokers will go out of their way to meet you wherever you want – their office, your home, your office, in a cafe, in the library or on the phone.
So, by all means, go ahead and use a mortgage broker before you approach your banker for a loan. Since it won’t cost you a cent, you might as well take advantage of this service.
Know that a broker will work to find you the best loan that matches your criteria. They work for you, they don’t work for the institution that is selling the mortgage product. Since they are not employed by any of the financial institutions they represent, you have the assurance that they’re not selling you a product you don’t need.
METRO MORTGAGE SERVICES, INC.
Metro Mortgage Services, Inc.
555 Skokie Blvd. Ste. 500
Northbrook, IL 60062
847-853-7150
NMLS 195741, 195657
IL 4392, IL Residential Mortgage Licensee
Edie Jerome – President (NMLS 195657)
Email: [email protected]