For the inexperienced home and real estate buyer, it can be hard to choose the right type of loan and mortgage lender for your financing needs. Add to that today's rapidly changing real estate environment and the turmoil in the mortgage finance and refinance industry, and the mortgage process becomes doubly hard. Working with a qualified experienced mortgage broker may help you find the best loan for you.
A mortgage broker typically has access to a number of possible lenders and loan products that have a variety of interest rates and loan terms. Also, a mortgage broker may be able to suggest the loan product that best fits your need as a first-time home-buyer or as a buyer who is expecting to re-sell in the short-term.
The most important thing is to shop around and obtain information from a number of lenders and mortgage brokers so that you can compare loan products and find the one that is right for you.
I work closely with my clients on their real estate and loan transactions throughout the New York area.
If you have any questions or concerns contact me by phone at (212) 355-2575.