There are many moving parts when it comes to buying or selling real estate. Financially speaking, most buyers will need to find a mortgage broker who can facilitate the mortgage process based on individual considerations. Use online mortgage calculators to assist you in how much house you can afford.
The first step is understanding the differences between a mortgage broker versus a mortgage lender. Quite simply, a mortgage broker matches the buyer with an appropriate lender. Meanwhile, the lender is the institution who is providing the funds for the buyer to finalize the home purchase. Mortgage brokers are not loan officers. Yet, they do work with loan officers, if need be, on your behalf.
While securing the services of a mortgage broker isn’t a
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