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Financing in East Flatbush : Real Estate Advice

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Activity 1
Wed Jun 30, 2010
Christopher Lefebvre answered:
A mortgage broker represents a portfolio of lenders while a single bank only represents their individual loan programs. The better deal depends on the terms of the bank's mortgage program versus the best terms that the mortgage broker has available. Usually you can find a better deal through a mortgage broker just because they represent an entire portfolio of lenders, but the only way to tell for sure is to compare the terms of both of their offerings and see which program is the better deal. ... more
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