Category: Mortgage Rates
What is a mortgage broker?
Mortgage brokers are professionals who assist home buyers in finding the right loan product and lender. Mortgage brokers have more access to lenders and products than bank loan officers, so they can help homebuyers find their dream loan with competitive terms. When purchasing a home, a mortgage broker with experience can save you both time…
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How Different Mortgage Rates Differ
Mortgage rates differ by loan amount, down payment, and credit score. Understanding how these factors influence mortgage rates is critical for securing the best mortgage loan possible. Mortgage rates are determined by banks and lenders based on loan criteria. However, sometimes brokers offer bizarre mortgage rate combinations. When it comes to rates, it's important to…
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