There are six main types of mortgage providers: direct lenders, mortgage brokers, correspondent lenders, wholesale lenders, ...

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If you choose a direct lender ... they often offer quicker approval times. Mortgage brokers are middlemen between prospective borrowers and lenders, which may be banks, credit unions, and mortgage ...

Before you choose a mortgage lender, though, you must shop around and compare multiple offers to get the best deal. Regular payments on the same sized loan can vary by $100 a month, according to a ...

However, there will still be paperwork to go through, and human mortgage brokers will always be used at some point in the process in order to make sure your application is correct and legally binding.

After you choose the loan offer you’re most comfortable with, your broker will help submit your mortgage application to the appropriate lender. A good broker will act as your advocate when ...

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