Top Of The Week
Why do mortgage lenders make so much money?
Because lenders use their funds to extend mortgages, they generally charge an opening fee of 0.5% to 1% of the value of...
Are mortgage brokers self employed?
Most mortgage lenders require at least two years of stable self-employment before they can qualify for a home loan....
Do you get better rates with a mortgage broker?
A mortgage broker can help you find a mortgage by getting loans from a variety of lenders. Mortgage brokers can help you...
What is mortgage brokers commission?
Mortgage brokers can work independently or belong to a brokerage agency. They generally earn a commission of about 1% to...
Why private lenders are better than banks?
Private lenders take a more customizable and personalized approach to lending. For example, a private lender might ignore ...
What's it like being a mortgage broker?
Mortgage brokers must adapt to their clients' schedules, and a friendly, outgoing personality can help clients a lot....
Recent Posts
What is a broker vs a lender?
A lender is a financial institution that lends directly to you. A broker doesn't lend money.
