Should I use a mortgage broker, or go direct? | Bankrate UK – If you’re looking for a mortgage, you might be wondering whether or not you should talk to a mortgage broker or go directly to the lender. These days, brokers do more than simply churn out a.
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How to Choose a Mortgage Broker – SmartAsset – A mortgage broker is essentially an intermediary that pairs mortgage customers with lenders. Despite their involvement in this process, brokers do not work for lenders, and therefore do not originate home loans themselves. At the dawn of your relationship with a broker, he or she will go over your current.
We got pushed into using one bank that the broker insisted on and a few months later got a MUCH better deal at another bank worth breaking our mortgage for. There isn’t much incentive for brokers to really find you the best deal as opposed to what’s easiest for them to push through. Go to a broker if you must but also approach a few banks directly.