In the mortgage world, there’s always a lot of talk about rate. What’s the current best 5-year rate? What’s the best rate I can get? What’s the best rate you offer? While rate is definitely an important part of the mortgage equasion (and we discussed a while back why term is also important), sometimes the… Continue reading The Best Mortgage Rate is Not Always the Best Option
Tag: lenders
Access to 1000 Lenders
One of the most common selling features you’ll see a lot of mortgage brokers and brokerages boast is how many lenders they “have access to.” But what does that mean, exactly? If Bob the Mortgage Broker (names changed to protect the innocent), has “access to” 35 lenders, and Melissa the Mortgage Broker has “access to”… Continue reading Access to 1000 Lenders