Choosing A Mortgage Company

When you are ready to shop for a loan, you can work directly with a lender or with a mortgage broker representing many individual lenders.

Direct lenders are lending their own money, have in-house programs, and make the final decision on your application. Brokers are intermediaries who represent many lenders and loan programs from which to choose. If you have special financing needs or want to shop the market for the best deal, an experienced broker may be able to find the best loan for you.

Along with shopping the source, you'll also have to shop the total costs of the loan, including the interest rate, broker fees, points (each point is one percent of the amount you borrow), prepayment penalties, the loan term, application fees, credit report fee, appraisal, and a host of other items.


 Barrett Financial Group, LLC. All rights reserved.
Privacy Policy | Preventing Identity Theft

Credit Bureaus: Experian | Equifax | TransUnion

 ehl 


Barrett Financial Group, L.L.C.
2168 E. Williams Field Rd., Suite 245
Gilbert, AZ 85295

(480) 459-4500 | Fax  (800) 385-3630
loans@barrettfinancial.com

NMLS #181106
AZ MB - 0904774
Loans made or arranged pursuant to Finance Lenders Law License CA 60DBO 46052
Equal Housing Lender.

 


 Barrett Financial Group, LLC. All rights reserved.
Privacy Policy | Preventing Identity Theft

Credit Bureaus: Experian | Equifax | TransUnion

 ehl 


Barrett Financial Group, L.L.C.
2168 E. Williams Field Rd., Suite 245
Gilbert, AZ 85295

(480) 459-4500 | Fax  (800) 385-3630
loans@barrettfinancial.com

NMLS #181106
AZ MB - 0904774
Loans made or arranged pursuant to Finance Lenders Law License CA 60DBO 46052
Equal Housing Lender.