1. The borrower does not know most loan offerings, which loan his property qualifies for or his situation.
2. Many Borrowers will waste 6 months or more applying for loans they don’t qualify for. A Broker will be able to determine quickly where they have the best chance of obtaining funding.
3. If the borrower needs immediate funding the Broker may be able to obtain Bridge Financing.
4. A Broker will put together a professional package that increases the chances for a loan approval as the first impression with any lender must be the best.
5. The broker will assist the borrower in analyzing the loan offers and choosing the one most beneficial to the BORROWER, not the LENDER.
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