Mortgage Blog

Generally speaking it is often cheaper to use a brokerage, especially when you figure in the time savings. Reason being, each bank you go to only offers it's own mortgage product. An example. Let's say you're shopping for a 30 year fixed rate mortgage. Each bank only has one version of that product, so in order to get several real quotes, you'll need to either visit more bank branches or fill out a number of online applications, which takes time.  A reputable brokerage who deals with dozens of wholesale lenders can take your single application and price it through many wholesale banks to find the best combination of terms, rate, points, costs, etc and offer you several options to choose from.  Since the brokerage does all the legwork, you save a lot of time, and still get a very competitive loan, usually cheaper since it's through the wholesale channel, and the service is often much better!  If you are considering refinancing, you can apply online and recieve a quote in minutes at

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