Mortgage Broker vs Direct Lender – What's the Difference?

MGM Mortgage Company: The Key to Homeownership

MGM Mortgage Company is a full-service mortgage lender that specializes in providing home loan solutions to customers across the United States. The company has been in business since 1978 and is one of the largest independent mortgage lenders in the country. MGM Mortgage Company offers a wide range of loan products, including conventional, FHA, VA, and jumbo loans. They also offer a variety of services, including pre-qualification, loan modification, refinancing, and foreclosure prevention. With decades of experience, MGM Mortgage Company is dedicated to helping customers find the best loan options to fit their individual needs.

MGM Mortgage Company prides itself on offering personalized service. Their team of knowledgeable loan officers have the expertise to guide customers through the mortgage process and provide the best loan options for their individual situation. The company also works with a variety of different lenders to ensure that customers are able to find the most competitive rates and terms available.

MGM Mortgage Company also offers a variety of online tools, such as their mortgage calculator, to help customers determine how much they can afford to borrow and what their monthly payments will be. They also have an online application process that allows customers to quickly and easily submit their information and get a response in a matter of minutes.

MGM Mortgage Company is committed to providing the highest level of customer service. They have an experienced team of professionals who are available to answer questions and provide assistance throughout the entire loan process. They also offer a variety of resources, such as home-buying tips and financial advice, to help customers make informed decisions.

MGM Mortgage Company is the key to homeownership. With decades of experience and a commitment to providing excellent customer service, they are the perfect choice for those looking to purchase a home or refinance an existing mortgage. Their knowledgeable loan officers have the expertise to guide customers through the mortgage process and provide the best loan options for their individual situation. Whether you are looking for your first home or you are ready to refinance an existing loan, MGM Mortgage Company can help you get the home of your dreams.

Key Points:

• MGM Mortgage Company is a full-service mortgage lender that has been in business since 1978.
• They offer a wide range of loan products, including conventional, FHA, VA, and jumbo loans.
• They have an experienced team of professionals who are available to answer questions and provide assistance throughout the entire loan process.
• They offer a variety of online tools, such as their mortgage calculator, to help customers determine how much they can afford to borrow.
• MGM Mortgage Company is the key to homeownership, with decades of experience and a commitment to providing excellent customer service.

People Also Ask:

Q: What services does MGM Mortgage Company offer?
A: MGM Mortgage Company offers a wide range of loan products, including conventional, FHA, VA, and jumbo loans. They also offer a variety of services, including pre-qualification, loan modification, refinancing, and foreclosure prevention.

Q: Does MGM Mortgage Company have online tools?
A: Yes, MGM Mortgage Company offers a variety of online tools, such as their mortgage calculator, to help customers determine how much they can afford to borrow and what their monthly payments will be. They also have an online application process that allows customers to quickly and easily submit their information and get a response in a matter of minutes.

Q: How can MGM Mortgage Company help me find the best loan options?
A: MGM Mortgage Company has an experienced team of loan officers who are dedicated to helping customers find the best loan options to fit their individual needs. They work with a variety of different lenders to ensure that customers are able to find the most competitive rates and terms available.

Mgm Mortgage Company – Most Popular?

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Big Bank vs Mortgage Broker vs a Direct Lender – What’s the difference?

Jeb Smith of Coldwell Banker Residential Brokerage in Huntington Beach and Josh Lewis of Buywise Mortgage in Huntington Beach discuss the differences in a Broker versus a Direct Lender.

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What is a Mortgage Broker?

A mortgage broker acts as an intermediary who brokers mortgage loans on behalf of individuals or businesses. Traditionally, banks and other lending institutions have sold their own products

What is a Direct Lender?

A direct lender is a financial institution that offers mortgages. Most are banks or savings and loan associations

Is it better to use a Direct Lender or a Broker?

Josh discusses how Direct Lenders use to operate versus how they operate today and how working with a Broker could not only give you more options to different loan products but how they also have access to more loan products than your typical Big Bank or Credit Union.

What are the differences?

The biggest differences are the following:

1. Mortgage Brokers have access to more than just 1 lender which could be better interest rates
2. Mortgage Brokers have access to various loan products that your typical banks may not offer like asset based programs, stated income programs and bank statement programs
3. Big Banks and Credit Unions only offer their products and generally can’t go outside the box.

Josh Lewis
714-916-5727 direct
josh@buywisemortgage.com
NMLS: 234220 | CA DRE: 01209148

BuyWise Mortgage | BuyWiseMortgage.com
2130 Main Street, Suite 290
Huntington Beach, CA 92648
NMLS ID: 1514000 | CA BRE: 01871660

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