Why Use A Mortgage Broker? – Stress Free Mortgage

Using a mortgage broker for your purchase or refinance is the best option because mortgage brokers have several different bank and non-bank lenders to choose from that enables them to shop for interest rates, loan costs and to make sure that you can get approved before you actually apply for a loan.
When you work with Stress Free Mortgage, we verify that you can qualify for a mortgage before you look at a house or spend money on an appraisal. We review your particular situation to see if a lender will have any obstacles with approving your loan. A little-known fact is that when you go directly to a bank, they can’t tell you what you qualify for until your loan is formally submitted to their underwriting department. If you can’t qualify at the bank, then you have to start all over with another bank or lender. With us, we simply find another lender to approve your loan, utilizing the same paperwork.
At Stress Free, we shop a loan for you with our many lenders and get you the best rate and terms for your situation. Sometimes, lenders or banks do not allow a particular type of income or may calculate your income in a way that doesn’t allow you to qualify, whereas another lender may calculate it the way we need for you to qualify. Knowing that upfront can be the difference between getting you into a home, or having your heart broken because someone didn’t take that time to find out how your particular situation enables you to get loan approval.
A common misconception is that you are paying a mortgage broker more than a bank. That is also not true. There is no charge for a pre-approval and this gives you access to an experienced professional of over 24 years to give you the knowledge and experience to guide you through this process.
Stress Free Mortgage is located at 25115 Ave. Stanford, Suite B220, Valencia. For more information please call us at 661-295-0555. Stress Free Mortgage is a California Corporation licensed by the Department of Real Estate, License #02012819 , NMLS# 1520664/291429. Also Licensed in Texas, Florida and Colorado