There are many variables that can influence the outcome when obtaining a mortgage loan.
This is precisely why you need a mortgage broker to act as a liaison between all parties to the transaction,
including the Title and Escrow Company, the Real Estate Agent, the Lender, the Appraiser,
the Credit Company, and extending beyond to Underwriters, Processors, Attorneys, and any other necessary service.
Here more specifically is what a Mortgage Broker handles:
» Explains financing details and options
» Explains all documents which are part of the loan application
» Explains all costs associated with the loan
» Walks you step-by-step throughout the loan transaction, from initial application stage to closing
» Communicates with you to ensure you have a thorough understanding of the loan
» Coordinates all the details of the transaction
