When you’re getting a mortgage to purchase a home, how is a Correspondent Lender different from a Mortgage Broker? How does that difference impact you as a home buyer – or as a home buyer’s real estate agent? 🤔
Key takeaways:
∙ A Correspondent lender takes an application, underwrites, processes, & funds the loan themselves
∙ Pros and cons of working with Correspondent Lenders vs. Mortgage Brokers
∙ Why a Correspondent lender can be more reliable for closing a deal 🤝
QUOTE:
“There's a major advantage to working with a correspondent lender, because the correspondent lender has control of the underwriting…” – Dustin Brown
Go to 👉 https://hyperfastmortgage.com/ to learn more!