Think of retail lenders as a dealership with many middlemen adding extra costs to your car repair. ๐งฐ๐ธ A mortgage broker, however, is like a trusted independent mechanic who gives you a great deal without the markups. ๐ง
Wholesale lenders, who work with brokers, can fund $๐ฎ๐ฌ-$๐ฎ๐ฑ ๐ฏ๐ถ๐น๐น๐ถ๐ผ๐ป in a quarter, while retail lenders manage far less annually. This volume means wholesale lenders can offer better terms and lower rates. ๐๐ฐ
Ready for a smoother ride to homeownership? Choose a mortgage broker! ๐ก