Professional Mortgage Brokers offer numerous advantages. First, most have portfolios of 200+ banks and investors offering every conceivable loan product imaginable for all credit grades. Most banks and financial institutions are severely limited in the breadth of their loan offerings. Their portfolios of loan products are limited and they will only lend to those with perfect credit. In contrast, Brokers representing many financial institutions can offer loan products to fit each and every customer’s needs…from “A paper loans,” to adjustable rate mortgages (ARM’s), FHA and VA loans and loans for those with seriously impaired credit.

You’ll like this. Unlike the banks, Brokers don’t cross-sell their clients. They will not encourage you to bring over your savings, checking or credit cards to get their best rates. Brokers can find you the very best rates from multiple lenders nationwide…not just the rates of a single institution.

Brokers are less concerned than banks about buyers who are self-employed, recently divorced or have damaged credit histories including bankruptcies. They can easily originate loans for the self-employed and those preferring no documentation or low documentation loans. It’s also much easier to acquire financing for investment properties and vacation homes through a broker. Very importantly, Brokers are very willing to work on YOUR TIME…not just during banking hours.

You’ll find that 1-8-MORTGAGES’ licensed Brokers are experienced professionals. Their specialized knowledge equates to your savings in both money and time. No one knows all the ins and outs of mortgages better than a mortgage broker.