WAMU, Downey, Countrywide and other lenders welcome loans professionally packaged by experienced mortgage brokers.

Why use a mortgage broker rather than applying direct?

After analyzing your situation and loan package details, the broker surveys the market for the lender and loan program most favorable to you.

Unfavorable issues in the package are explained to the best advantage and strong points are highlighted.  My loan processor, Kathryn Costan, will assist you in gathering the items necessary for the application. Today the loan packages are submitted electronically.

A Good Faith Estimate is prepared for your review and approval, and if you approve, the loan is submitted to the lender’s wholesale department. The broker’s fee is paid by the lender as the wholesale rates provide a margin below retail for that purpose. So there is usually no cost to you for the broker’s services.

While the loan is being underwritten by the lender, the market is continually surveyed and if a more favorable lender appears, you are consulted and if you approve, the package is resubmitted to the second lender. This doesn’t happen if you apply direct.

When approved and the documents are prepared, the broker meets with you to go over the details and answer questions. The documents are signed before a notary and returned to escrow for funding.

We welcome the opportunity to talk with you and are available 7/24 (except when playing golf).  If hired, I will appreciate the chance to find the best loan for you.

Call George at 877-299-5760 toll free to review your scenario and discuss options.