This is where understanding the difference between a mortgage broker and a mortgage lender can help. Both play essential roles in the home loan process, but they function in very different ways. Let’s break it down so you can determine which path might work best for you when seeking mortgage financing.
The Advantages And Disadvantages Of Using Online Mortgage Lenders
Using online mortgage lenders can offer several advantages and disadvantages compared to traditional brick-and-mortar lenders. It’s important to weigh these factors based on your individual preferences, needs, and financial situation. Here’s a breakdown of the pros and cons