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Mortgage Brokers vs Banks – Which One is Cheaper? – A mortgage broker works with several mortgage lenders and banks and submits your loan file to them to issue the loan. Brokers get paid commissions from lenders for completing your mortgage application and documents. How do Banks and Direct Lenders work?
How to Work with a Mortgage Broker | Credit.com – A broker doesn’t lend you the money directly but can help you find the right mortgage loan for your needs. A broker can also do the legwork of researching different lenders and make your loan process simpler.. credit unions and mortgage companies, such as Quicken Loans, Lending Tree and a variety of others both large and small.
Study Shows Loan Brokers’ Better Side – Donald Henig, president of wholesale and direct-to-consumer operations for a unit of American Home Mortgage Investment Corp., a large real estate investment trust that funds home loans, said he "would.
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