Why Choose Us?

Potential borrowers often wonder where they should go when shopping for a mortgage.  If they are buying a home should they go with their realtor's mortgage person?  Should they visit their local bank?  Call one of those large national mortgage companies who advertise on tv?  What about a mortgage broker?   It can be confusing and frustrating to determine what are the best mortgage companies.

All of these options can work but one stands out from the rest.  Let's look at the different options:

1) Your realtor's mortgage person/company.  Potential homebuyers often think this is the best choice, but they would be wise to think again.  This guy/company is basically handed customers on a daily basis from the realtors.  He doesn't have to earn your business because he already has it and he knows that you've already signed your purchase agreement and how anxious you are to move in.  Do you think he is really going to give you the best/rate or program available?   Nine times out of ten his only objective is to get you a loan and get you to closing so he and his realtor friend get paid. 

2) Your local bank.  You may very well get the best deal at the local bank as they sometimes offer some of the lowest rates, that is if you have perfect credit, can document your income and have the necessary money for down payment and closing costs.  This is a very small number of borrowers and may not be you.  And don't think that they will approve you just because you are  a long time customer, know all the employees, never bounced a check etc.  Unless you meet their strict criteria they probably won't.

3) National mortgage companies you see on TV.  You may think that this is the safest choice.  How can you go wrong with a company that has ads running during the Super Bowl, right?  Wrong.  In the past years these types of companies have proven to be some of the worst choices for potential borrowers, charging high fees and rates, putting people in loans they could not afford and causing people to lose their homes.  Many of these companies are now out of business, and some well on their way.   Not to mention these companies are huge and get thousands of calls a day, so you can forget personal service and having someone to answer your questions and all these fees and charges that you don't understand. 

4) Mortgage Brokers.  A mortgage broker does not work for anyone bank or lending institution.  A good broker will have access to a variety of different lenders and programs, even those for borrowers with less than perfect credit.  You will have more options for financing with a broker than a local bank and most likely even the large mortgage company so there will be no need to shop around.  Expect more personalized service and better rates because the broker is working for you.  But beware.  There are some brokers that will try to charge you high fees and rates but most will not because they want to earn your business and don't want you to go elsewhere. 

Hands down, a mortgage broker is a borrower's best option.  But not just any mortgage broker.  Choose the one that is Above All.  Choose us.