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What Is a Mortgage Broker?

Financing that next investment? A mortgage broker might be able to help.

[Updated: May 19, 2021 ] Apr 06, 2021 by Aly J. Yale
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Pros Cons
Saves you time and hassle May come with a fee
Helps with the application process May result in a higher interest rate
Keeps your loan on track Could steer you toward higher-commission lenders
There to guide you and answer questions Not all lenders work with them
Access to a variety of lenders and loan options Less control over your loan