When we were looking for a mortgage in August 2010 for a resale we first tried First Citizens and I felt that I needed an appointment to speak with a mortgage person. They seemed to work bankers hours and never nights or weekends.
I contacted an independent mortgage broker. She was eager to take calls nights, weekends, anytime on my schedule. She didn’t get paid unless the deal went through.
We did the closing remotely from Massachusetts on our schedule.
The developer may sell 10 or more homes in a day where a broker would be thrilled with 2 a week.
An ethical broker can guide you into giving the correct answers to questions with responses like “How can it be your primary home since you are still working in Massachusetts? Don’t you mean it’s a vacation home?”
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