Banker vs. Broker

Mortgage Resources

Access to multiple lenders. Local banks generally don't have multiple lending sources; they rely on a couple of partner institutions for their mortgage business. As you've no doubt heard, lender will compete for your business! PMP works with over 70 different lending institutions to find better deals.
A commitment to service. Banks generally offer mortgages to bank customers as an ancillary service; it's not their primary focus. Often, you will be given to their partner after a single conversation. As a Mortgage Banker, I have a single, proven successful purpose: Mortgage Banking!

Access to better rates. Mortgage brokers claim to have access to many different loan sources, and they do. However, the large national lenders that offer the best rates only offer them to mortgage bankers. For example, we sell many of our loans directly to Freddie Mac (the government-run home financing institution). Your local mortgage broker can't do that. It's the difference between paying wholesale and retail.
More Control over the entire lending process: As a mortgage banker, we will originate, process, approve, prepare closing documents, and provide funds for closing with our own check. We are not at the mercy of a third party for these services. Mortgage brokers rely heavily on the "end lender" for these servies, which means less control over the entire lending process.

Please take a moment and see what people are saying about working with me and my team by visiting the Testimonials Page.

Experience the difference for yourself!