Featured – Portland Oregon Mortgage Brokers Review
The
task to qualify for a mortgage is NOT something that is taught in
school. Most people would think that "the bank gives us a mortgage”. But
actually it is the homeowner who grants a lending institution or
company a mortgage on his property, and money is exchanged based on the
banks share. Portland Oregon Mortgage Brokers simplify this process and
are working for you rather than for the bank. The Portland Oregon
mortgage brokers negotiate with all the lenders to find you the best
interest rate possible. Portland Oregon mortgage brokers do not charge
fees to the consumer for their services as they are paid by the lender
with whom they choose to deal.
Portland Oregon Mortgage Brokers
Why Use Portland Oregon Mortgage Brokers?
"Born
and bred" Portland Oregon Mortgage Brokers have intimate knowledge of
current interest rates, the local economy, fluctuating market trends and
can offer you access to 30 or more lenders. No matter what your
situation, they can match you with a lender who understands your
position and can tailor the best plan for your financial future.
Especially in a smaller market, the competiton for financing is fierce,
so local Portland Oregon mortage brokers can help you get the best
interest rates possible. After all, a mortgage is probably the biggest
investment that most of us make, and by saving the smallest percentage
at the outset can save tens of thousands of dollars over the term of
your mortgage.
How Portland Oregon Mortgage Brokers Can Help
You
are in good hands as most Portland Oregon mortgage brokers are
accredited with a NAMB (National Association of Mortgage Brokers)
designation which assures the highest standard of professionalism. One
of the most frustrating, stressful and time consuming activities is
trying to negotiate one on one with financial insitutions . Portland
Oregon mortgage brokers can make this an easy, stress free transaction
as they essentially shop for the mortgage for you to lock in the best
interest rates. Basically it is a reversal of the typical way of
qualifying for finance. Instead of you going to each lender and
qualifying for each one, your Portland Oregon mortgage brokers compile
your financial details just once, and lenders bid for your business. In
addition to new mortgages your mortgage broker can help with renewals,
refinances or puchase plus improvements for both residential and
commercial properties.
What are the Benefits for using Portland Oregon Mortgage Brokers?
Portland
Oregon mortgage brokers should never be compared to banks, credit
companies or any other financial institutions. Mortgage brokers are
independant. They have no loyalties with any given lending company.
Although they are trained and licensed in mortgage financing they work
for you and not the lender. Brokers in Portland get paid a fee by the
lender once the deal has been finalized and they do not charge a fee to
the consumer. If you have less than perfect credit a mortgage broker can
help you to secure finance that you otherwise may not have been able to
access. Traditional banks, especially these days, are very careful
about lending out money to people who have tarnished credit or those who
are self employed. So, by selecting Portland Oregon mortgage brokers
you are exposing yourself to the best lending opportunities available,
at no additional cost and without the hassle – what a deal!
Portland Oregon Mortgage Brokers – Realty Forecast
With
historically low rates in addition to economic and local trends, demand
for Portland housing has spiked. The Portland market has been kept
afloat by employment growth and local consumer spending.
Portland Oregon Mortgage Brokers - A Testimonial
I
live close to Portland and was looking to purchase a home for 2 years.
It was frustrating to deal with the banks by myself and their “supposed
posted rates”. I never felt as though I was getting a fair shake and the
qualifying process was brutal. I saw an advertisment in the Portland
Tribune for some really low rates and I contacted the Portland Oregon
mortage brokers from the ad. One was able to get me approved within a
few days from a lender that I have never even heard of. By the way, this
was the lowest rate I have ever been quoted! Dealing with Portland
Oregon mortgage brokers took the stress out of the whole situation and
I’m now very happy in my new home - Susanna P, Beaverton, OR. Portland Oregon Mortgage Brokers.
For
further information please contact Portland Oregon Mortgage Brokers
using the contact page on the main Portland Oregon Mortgage Brokers dot
com website.
