Banks vs. Mortgage Brokers
The age old debate continues. There is plenty in the media about the Evils of Mortgage Brokers. Recently HUD cam out with a 270 Page report stating borrowers got better deals on average from banks vs brokers. I say the facts were right but the data is skewed.
I contend that the difference is in part due to the Slime Factor. Yes, there are plenty of slimy Loan Officers on both the Bank and the Broker side. However I think there are far more on the Broker side. That’s what skewed the numbers.
I suggested if that had they run the same numbers, sifting out the slime on both sides, and using only the knowledgeable, honest, ethical loan officers on both sides, she would be writing a different story.
Remember, you have the choice to work with an honest, ethical Loan Officer, or not. That Loan Officer may work as a Mortgage Broker or for a Bank. Slime happens on both sides of the isle. Borrowers that chase rates often end up getting Slimed.
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In 2006 Peter Schiff tells over 1000 mortgage brokers they are about to be out of jobs. Watch how he completely nails the coming real estate/mortgage debacle before anyone else even realized it was coming.
In 2006 Peter Schiff tells over 1000 mortgage brokers they are about to be out of jobs. Watch how he completely nails the coming real estate/mortgage debacle before anyone else even realized it was coming.
http://www.anewdaytoprosper.com/
In 2006 Peter Schiff tells over 1000 mortgage brokers they are about to be out of jobs. Watch how he completely nails the coming real estate/mortgage debacle before anyone else even realized it was coming.
In 2006 Peter Schiff tells over 1000 mortgage brokers they are about to be out of jobs. Watch how he completely nails the coming real estate/mortgage debacle before anyone else even realized it was coming.
In 2006 Peter Schiff tells over 1000 mortgage brokers they are about to be out of jobs. Watch how he completely nails the coming real estate/mortgage debacle before anyone else even realized it was coming.
http://www.refinanceyourmortgagenow.com.au – Bryce Blaker, A Brisbane Mortgage Broker, explains why now is the right time to get into the real estate market. For more info visit http://www.refinanceyourmortgagenow.com.au
My interview w/ Bill from the NAMB/WEST Regional Conference.
Find out about the opportunity to work for London and Country Mortgages Ltd., the Uks leading no fee mortgage broker, as a mortgage broker. L&C recruit graduates and non graduates and offer a professional training programme and the opportunity to gain professional qualifications.