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A mortgage broker is actually not a lender. Instead, they act as your representative, seeking out loans for you. Brokers work with an array of lenders and as a result, are often able to offer the ...
Mortgage insurance: Mortgage insurance is sometimes required on loans and reduces the lender’s risk in providing the loan. Private mortgage insurance (PMI) is generally required on conventional ...
Best: Quicken Loans. Quicken Loans (now known as Rocket Mortgage) is one of the largest online mortgage lenders in the U.S. On the plus side, because they have such a huge network of lenders ...
The broker compares multiple lenders and loan options on your behalf and counsels you on the best option — a valuable service when you want to compare mortgages as a first-time buyer.
According to a new study, home loan lenders who guide borrowers through the mortgage process earn the best reviews. However, customer satisfaction has declined overall in the past year, and ...
Bankrate looked closely at several key criteria to help narrow down the top mortgage lenders for first-timers, including first-time buyer and low-down payment loans and down payment assistance, as ...
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