Broker vs lender?

The most important thing is to find the right mortgage rate and terms for what you are trying to accomplish. We are DIRECT LENDERS and offer some of the lowest rates around. Please email me for a free quote...adennie@fmbranch.com

Find a good loan officer to work with and it makes no difference.

Dan,The loan officer is far more important than the type of entity. Loan officer is the most common title. LO stands for Loan Originator. A broker has access to lenders that they are approved to do business. A lender when referring to a bank, you are limited to only their products and rate.A correspondent lender or direct lender has lenders like brokers plus one or more lenders which they underwrite and fund their loans that they originate.

More options typically with a broker. Plus they pull one credit report and can shop multiple lenders (that typically do not have a storefront you can walk into) and are usually more competitive than the street corner bank whose LO's are told what the rate is each day (usually). Brokers shop rates and programs.I would start there. Some brokers are also correspondent lenders which gives them the ability to close the loan a bit faster with some lenders.