What is the difference between a broker and a bank?
A broker has the advantage of utilizing many different investors who offer a wide range of mortgage solutions and the ability to search out the lowest possible interest rates. Banks only offer their standard loan products at rates set by the bank.
A broker has the advantage of utilizing many different investors who offer a wide range of mortgage solutions and the ability to search out the lowest possible interest rates. Banks only offer their standard loan products at rates set by the bank.