Mortgage Brokers

Mortgage Brokers

They Find the best real estate loans and mortgages

 

Why Use a Broker?

They Find the best real estate loans and mortgages.  Independent mortgage brokers work for their client the borrower.  The help people find the best mortgages from a broad source of lenders. Professional mortgage brokers are one of the key strategies used by sophisticated borrowers.

 

What is a Mortgage Broker?

A mortgage broker is an independent real estate financing professional who specializes in the origination of residential mortgage loans. A mortgage broker works with on average as many as 40 lenders at any one time.

Using their professional expertise combined with direct access to hundreds of mortgage loans, a mortgage broker provides the most expert way to obtain real estate financing. They personalized their client’s specific financial objectives then match that to a specific loan program. This way the mortgage broker’s client receives a mortgage that match their goals and objectives.

What Do Mortgage Brokers Do?

Mortgage brokers can serve as safeguards, offering their clients security, safety, and peace of mind. One of the broker's most important functions is managing your loan application through the entire process, constantly watching the component transactions for possible breakdowns. A professional mortgage broker can examine data and program options, researching current market conditions to find the most accurate and up-to-date information about the best cost-effective loan options for their client.

Independent mortgage brokers server their client throughout the mortgage transaction

There are literally thousands of variables that can affect the outcome of your mortgage transaction. That's why you need a mortgage broker to act as a liaison between the title and escrow company, real estate agent, lender, appraiser, credit agency, the underwriters, the processors, attorneys, and any other services which may affect your transaction.

A mortgage broker also:

•             Discusses and explains financing program options

•             Informs you, in writing, of lock-in options

•             Explains all documents of the loan application

•             Explains all associated costs of the loan application

•             Explains the disbursement of all loan applications

•             Explains the loan process, from application to closing

•             Provides you with a good faith estimate of cost and fees

•             Communicates with you throughout the loan process in a timely manner

•             Coordinates the final closing of your transaction

 

ExpressRealEstateLoan.com works with the finest mortgage brokers, loan offers and support staff to make you loan process go as smooth as possible. ExpressRealEstateLoan.com powered by California Loan Associates Inc. (CLA - NMLS #350751)

 Our Secure web site is the best way to apply for a mortgage using independent mortgage brokers.

 

 

 

BRE # 01923081 NMLS # 997987

Mortgage Pre-Approval

Mortgage Pre-Approval

Mortgage pre-approval can give you an advantage over other home buyers who haven’t been pre-approved. Most home sellers give much more weight to an offer when the buyer is pre-approved not just pre-qualified. Loan pre-approval can make the difference of having an offer accepted or just over looked.

What is the clear difference between pre-approval and pre-qualification?

A mortgage pre-approval denotes that a lender has taken a detailed examination into the borrower’s credit information and has issued a preliminary credit review, pending documentation and the property information. Because a pre-approval includes a credit check, it’s more powerful than a pre-qualification letter, which generally only estimates what you may be able to borrow, based on data  provided by the to be borrower.

Home loan Pre-approval gives confidence to the first time home owner to begin home shopping because a lender is giving more of a commitment to lend the money. Obtaining a mortgage pre approval makes it easier to shop naturally because you know what loan amount the lender has approved.

The first time home owner can target the neighborhood they want to live in. They can pick and choose which houses to visit without wasting time. Pre-approval will save the home buyer time, money and most important, it’s an edge when they find house of their dreams.

Also applying to get mortgage pre-approval has an advantage of finding out about any problems with loan approval. This gives borrower  time to address issues early in the home buying process.

Working with a professional mortgage broker can help solve issues with the loan approval. Start the process by following the link and fill out a simple form and we will get back with an answer ASAP