Brokers Do It Best!

All Pros and No Cons with a Local Mortgage Broker.

Using your local bank and being greeted at the door by name is long gone. Personal relationships with banks hardly exists.  A majority of us conduct our banking transactions  with mega-goliath banks where we haven’t gone inside or spoken to a teller and do everything digitally. This impersonal relationship is not what you need on such a big decision like buying a home.

Imagining your new furniture in the living room,  envisioning the growth of your family, and your new car in the driveway can be a very exciting part of the American dream! Due to the dream, many first time home buyers forget how important securing a loan actually is while purchasing a home.

Finding yourself in murky waters happens fast. You do not want to be the person who lost their $50,000 deposit, moved across country because a big bank said your loan approval was solid and now you’re either homeless, not getting low interest rate at the closing table because of your financial loan expert! These crisis may sound unlikely however they happen every day and thousands are lost, time is wasted and families futures hang in the balance. Make sure you’re prepared and speak to a local mortgage broker as early as possible.

If it’s your first time buying or taking advantage of record low interest rates to lower your payment, here are the basic reasons to find a mortgage broker instead of chatting with your next bank teller.

Top Reasons to use a Local Mortgage Broker

1. They do all the legwork for you, working on your behalf with the lender, keeping your financial interest in mind.

2. Mortgage brokers can can compare wholesale mortgage rates from a large number of banks at the same time assuring you will receive the best interest rate saving thousands!

3. Brokers have experience financing outside the box – tricky deals because of their knowledge multiple lending sources.

4. Brokers provide personal care to YOUR loan. You’re not just a number.

5. More loan options to choose from based on your needs.

Elite Financial is one of the most experienced residential mortgage broker providing purchase loans, low rate refinance loans, and cash out refinances located in the heart of Westlake Village, CA for nearly thirty years. With thousands of transactions under their belt, there isn’t anything they finance issues they haven’t seen.

Call for a free consultation today!