Secrets Your Mortgage Broker Will Not Tell You

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Most of us dream of owning a home. But not all of us will be able to outright purchase a home. That is where financing comes in. If it’s your first time to be in the market for a new home, chances are you are not familiar with the intricacies involved in the financing process. Before we even try to explain the processes, it is important you understand some points. Like what a mortgage broker is as compared to a loan officer and an underwriter. These are the people involved in the processing of the mortgage. It is beneficial to know what they do for you to understand the processes involved. Then, after knowing the differences, there are some things you should know which your mortgage broker will not tell you.

Read on to know the secrets your mortgage broker will not tell you.