A Mortgage Broker is a service professional who acts on behalf of homeowners to source mortgage loans from banks and financial institutions. Because they have a deeper knowledge of available products and mortgage lenders, they often save homeowners money over traditional mortgage financing sources.
Unlike mortgage specialists which represent the interests of a single mortgage lender, typically a bank, insurance brokers represent the interests of the homeowner and can offer a greater number of choices in both mortgage lenders and mortgage products.
If you are looking for an mortgage broker near you, try our Find a GURU online search tool. It's the smartest way to find a local house expert!