Asked by Destinyban  |  Submitted December 31, 2015

Which is the best choice? To borrow from a Bank or your Mortgage company ?

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  Answers  |  1

December 31, 2015

That depends on many things. With a bank, you are most likely only going to hear only what that particular bank has to offer. With a Mortgage broker, you will most likely hear many different options since a mortgage broker usually has multiple investors and can pick and choose what fits your needs best. On the other hand, you may save in some upfront fees with a bank, which may sound good but you could miss out on a lower rate and better terms which could save you a ton of money in the long run.

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