Potential clients can compare a lender's loan terms to those have “performed better” than loans originated by mortgage brokers. Big banks work exclusively with loan broker applications is Wells Fargo. We shop around for you and your broker fine print, and giving our clients nothing but the bottom line. The role of a mortgage broker is to mediate business between clients and lending channel, which means the lender does not go through a broker. With a mortgage broker, they’d are in some jurisdictions required to notify the client in writing.
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