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What are the differences between using a Mortgage Banker or a Mortgage Broker?

April 26, 2017banker differences mortgage mortgage broker

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What are the differences between using a Mortgage Banker or a Mortgage Broker?

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Well it used to be that a Mortgage Banker could shorten the process by a few days because of in-house underwriting and drawing of the documents. But the cost and interest rates were close to being the same as a Mortgage Brokers.