Here at M 3 Mortgage Specialists, Inc., we understand that there are many reasons to hire a professional mortgage broker. A broker provides residential mortgage assistance, securing real estate financing to meet your needs. Mortgage brokers combine professional expertise with direct access to numerous loan products, offering you complete peace of mind.
An experienced mortgage broker will monitor your loan application from start to finish, researching market conditions to provide you with current information about your options. Thousands of variables can change the outcome of your mortgage transaction, which is why it's so important to work with a broker. Your broker will act as a liaison between the title and escrow company, real estate agent, lender, appraiser, and credit agency, as well as underwriters, processors, and attorneys. A mortgage broker also:
Discusses and explains financing program options.
Informs you, in writing, of lock-in options.
Explains all documents of the loan application.
Explains all associated costs of the loan application.
Explains the disbursement of all loan applications.
Explains the loan process, from application to closing.
Provides you with a good faith estimate of cost and fees.
Communicates with you throughout the loan process in a timely manner.
Coordinates the final closing of your transaction.