brokers: Differences Between Brokers and Lenders: Another View - 05/31/07 11:33 AM
The difference between Mortgage Brokers and Mortgage Lenders is often times very subtle, and generally transparent to most borrowers.  However, understanding how they differ is important when selecting a company to handle this very important aspect of your home buying process.  Before we begin, let's take a moment to clarify the technical differences; then we can take a look at what those differences mean to you.
A simple definition for a lender is an organization that provides the funds being borrowed.  Within that broad category, there are direct retail lenders (Bank of America, Wells Fargo, your local bank, etc.), and wholesale lenders.  Retail lenders … (0 comments)

 

Don Carter

Haverhill, MA

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All Star Mortgage, LLC

Office: (978) 853-7066

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My first effort at blogging is intended to provide readers with timely, relevant, and occasionally entertaining information about a variety of topics, including mortgages, real estate, and whatever else I happen to be interested in at the moment. I hope you enjoy it!


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