
Mortgage Broker Vs. Direct Lender: What’s the Difference?
There are a few different ways to get a mortgage. You can go through a mortgage broker, or you can go through a direct lender. So, what's the difference? And which is better for you? Consulting a South Florida quality mortgage corp will help you decide which option is best for your needs. Mortgage Broker A mortgage broker is a middleman between you and the lender. They are a financial professional who works with multiple lenders to get you the best rate possible. A mortgage broker in Pompano Beach is not a lender, so they can't use their funds to give you a mortgage. They just act as an intermediary between you and the lender. There are a number of reasons why you might want to enlist the help of…