A mortgage broker assesses your finances, find you the appropriate mortgage products, assist you with any necessary pre-approvals, and help to complete any applications. There are advantages to hiring a mortgage broker in that they will do the rate shopping, they could get lenders to waive some.
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Mortgage brokers are paid upfront and trail commission based on mortgage broker commission rates. Will you ever have to pay when getting a home You should ask the brokerage about this upfront so you’re fully informed. For more information about how our mortgage brokers get paid, please call us.
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