Blog > Pros of Working with a Mortgage Brokerage
A mortgage broker is a licensed and regulated financial professional who acts as a middleman between you and potential lenders. They gather documents, pull your credit history, and verify your income and employment to help you apply for loans and negotiate terms in a short time. They are often paid by lenders, but can also be paid by borrowers. They can also save you time and hassle, but it is important to pay attention to lender fees and to compare different options.
If you're in the market for a new home and considering a mortgage, you may be wondering if working with a brokerage is the right choice for you. A loan officer like Isaiah Slutter can save you time and hassle by managing the process of applying for preapproval with different lenders through the brokerage, and by collaborating with the bank's underwriting department, closing agent, and your real estate agent to keep the transaction running smoothly through closing day.
To find the right mortgage brokerage, you can ask friends and relatives for referrals, and also ask your real estate agent for the names of a few brokers that they have worked with and trust. You can also reach out to Isaiah Slutter with Edwards Financial Services by emailing him at Isaiah@edwardsfinancial.biz or by calling him at 480-320-3591. He can help you navigate the process and find the best mortgage option for you.
