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Why use a Broker

There are many reasons why people choose to secure financing through a finance broker as opposed to a bank, correspondent, or direct lender. A broker:

- Has a fiduciary commitment to his or her clients.

- Has a larger product base to offer his clients.

- Knows which lenders focus on your loan niche, which means better pricing and terms.

- Has options banks do not have: brokers have the ability to flip your loan to other lenders if the terms warrant such action.

- Has market knowledge, and California state licensing is required – no guarantee a bank representative is independently licensed by the California Department of Real Estate.

- Broker originated loans out-perform retail (bank originated loans) two to one – less chance of default.

- No obligation or commitment required.

- Wholesale interest rates: brokers offer wholesale rates as opposed to retail rates offered by banks.

- Bid desks allow your broker to negotiate better terms on your behalf should rates come down after your rate has been locked in.

- Mandatory disclosure of all commission made – banks can legally hide fees from you (thank their lobbyists).

- Ability to negotiate fees and their structure through the borrower paid compensation model.

- Professional brokers as opposed to loan officers are more likely to remain in the industry for years to come allowing you to contact them in them in the future with new needs or to answer follow up questions.

Discover the difference for yourself and contact us today.


California Bureau of Real Estate License 01792241
NMLS License 523235

1649 Calavo Rd. Fallbrook, CA 92028
831.325.6959 Phone
866.321.5467 Fax

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