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The Pros And Cons Of Working With A Mortgage Broker


hopping for a mortgage can be one of the more arduous steps in buying a home. A mortgage broker can simplify this process by connecting homebuyers with appropriate loans, preparing application materials and guiding the borrower through underwriting and closing. Plus, unlike loan officers who work for specific banks, mortgage brokers have access to a wider range of mortgage products—which means borrowers may be able to get more favorable interest rates.

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