A Mortgage Broker is someone who specializes in matching a home buyer with an lender based on their individual situation.
What a Mortgage Broker will do for you:
• Explain the loan process, from application to closing.
• Communicate with you throughout the entire loan process in a timely manner.
• Provide information about different types of mortgages which meets your individual needs.
• Help you prepare all the paperwork needed to obtain the loan.
• Review your financial information and make suggestions on how to improve it.
• Shop with over 100 lenders for the best rate and program that meets your particular situation.
• Communicate with the banks/lenders on your behalf to solve any problems that may occur.
• Provide you with a good faith estimate of cost and fees upon preapproval.
• Coordinates the final closing of your transaction and attend your loan signing.
Mortgage Brokers are paid from the lender once your loan transaction has closed. A good broker will be interested in building an ongoing relationship with you so that you will use their services again and again.
Tina Leonardi | Guarantee Mortgage
601 Van Ness Ave, Suite P, San Francisco, CA. 94102
415-244-6038 cell | 415-762-4343 fax | CA DRE License#01350545