Why use a va-loans.com mortgage broker?
1 Broker, 1 Application, 1 Credit Check and dozens or even hundreds of loans – Easy Rate shopping – No Middleman fees like you would expect – No selling of your personal information to dozens of lenders like some websites First lets define a broker and a lender. A mortgage broker is a term used to describe someone working with a buyer to help them find a lender. A lender is the institution that loans the money. Examples of lender are USAA, Bank of America, Wells Fargo or it could be your local bank. A broker usually does not work for a specific lender, but they do have business relationships with lenders, sometimes hundreds of them so that they can best serve you with a mortgage loan. Some people see the broker as a middle man. Although this is true, its not a negative thing. If you are looking for a VA loan, and contacted a national or even a local lender, you would be connected to their lending department where you would speak to a loan officer. The loan officer would tell you what l
