With the numerous benefits involved in working with a mortgage professional, it is interesting to me that so many individuals still have no idea what it is they do.
A mortgage professional works on your behalf to find the very best rates available to suit your specific situation. A huge percentage of the population is content to take whatever interest rates their financial institution is willing to offer without even considering there may be a better rate out there for them. Did you know a mortgage professional will almost always be able to get a better rate? Why, you ask? It's simple, really. The mortgage associate/broker does a large volume of mortgage deals each month and lenders are willing to offer them volume discounts and the ability to buy down interest rates. The savings to a consumer can be quite substantial.
Finding the best rate is a mortgage professional's primary focus and the best part is that in most cases you do not pay him/her for services rendered. A mortgage associate/broker is paid directly by the lender.
Next time you are in the position to buy a new house, refinance, consolidate or purchase investment property, a mortgage professional could be your closest ally!
