Colli Real Estate

Mortgage broker vs. direct online bank lending alias?

What are the pros and cons between these 2? I see the rate the broker Mortgage online is lower than the bank. For example, a mortgage broker told me he was able to get 5.875 for a 30 year fixed while some banks have me give 6.25%. first mortgage broker Guy told me he is an employee and doesn't work on commission. and it is capable of volume sales and able to get a lower rate. and it also guarantees a head for my bank loan. So who should I go with? over here who never went to see an online mortgage broker instead of a bank? and do you regret? Have they ever tried to bait "and switch" on your own pace when it comes to closing time?

I would never advise someone to get a mortgage online. I seen too many transactions will not close because of some fly-by-line lender night. Brokers are good, but use the one located in your area.

Musicians@Google: Amanda Palmer

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