Most people use a mortgage broker to secure the mortgages for their homes. The mortgage broker arranges the transaction and finds a lender for you. Since the broker has access to several lenders, he or she can offer a wide selection of loan products for you to choose.
Brokers will generally contact several lenders regarding your application, but are not obligated to find the best deal for you unless they have contracted with you to act as your agent. Consequently, you should consider contacting more than one broker, just as you should with banks or thrift institutions.
Keep in mind the important role that the mortgage broker plays in your home buying process. They get the money for you! If your mortgage broker fails to do his or her job correctly, the consequences could be devastating. Talk with your Realtor, who most likely has good connections and knows how the brokers in your area work.
TMS is well connected in DFW with the best mortgage brokers that will take care you.
We have certain individuals that we have used and that we find to be extraordinary in service, dedication and abilities. Not all mortgage professionals are alike, and we’ve been fortunate to have relationships with the very top in the Arlington and Fort Worth area.