WHY A MORTGAGE BROKERAGE COMPANY

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Buying a home or refinancing a mortgage on a property or multiple properties can be a challenging task, given the confusion on requirements to get the job done efficiently.  A residence, second home, and investment properties have different guidelines and rates.  Getting the right home loan, the process is even more complicated than in years past.  CEFSINC advantage is expertise in the full marketplace of residential home financing and scenarios on all property types.  Through its network, CEFSINC has access to a variety of loan options, programs, rates, and standard and non-standard loans and qualifying.  CEFSINC's wide Mortgage Lender network a brokerage is like a travel agent for the residential mortgage industry securing financing at very competitive rates.  The advantages of a Mortgage Brokers are as referenced below.

One of the most notable advantages of working with a mortgage brokerage is the valuable expertise they offer in the home buying or refinancing process. Mortgage brokers have ample industry experience to lean on when offering mortgage solutions to their customers. They also have a working knowledge of the current housing and lending markets, and the types of mortgage loans that may be most appropriate for specific borrowers and their unique circumstances. This expertise can be incredibly beneficial in obtaining the right loan for the long haul.

Mortgage Brokerages also have access to wholesale rates on home loans. These rates can be lower than retail interest rates, helping borrowers save money over the life of a home loan. Even for borrowers who have challenging credit issues, unique situations or property or minimal financial means, having access to lower rates can make all the difference in getting a mortgage that is affordable and one that is not.

Home buyers who work with a Mortgage Brokerage only have to submit a single application when seeking a new loan. There is no need to complete several different applications or provide multiple copies of financial documents like pay stubs or bank statements to various lenders. The Mortgage Brokerage does the majority of the legwork to help get the best possible loan options for clients.

The right Mortgage Brokerage works with several different lending sources, some which may not be available except through a Mortgage Brokerage. This means that borrowers have more options for the home loan that will work best for them, not only in terms of the interest rate but also the terms of the loan.

Working with a Mortgage Brokerage may also result in a reduction of fees based on the variety of loan products and loan terms options they have access to close.