The government recently published a report saying that many borrowers are paying too much for their home loans (over $13 billion too much). Typically, borrowers turn to their bank for a loan. It’s familiar, convenient and trustworthy. But, generally banks have a high cost for their brick and mortar locations. More and more smart borrowers look to professional mortgage brokers who shop among lower cost lenders and provide fast, personal service to their clients.
If you are considering using a bank for a loan, give me a call and let’s compare costs.