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TERMINOLOGY
Upfront mortgage brokers provide a level of information that is simply not there with conventional mortgage brokers. Upfront mortgage brokers have grown in popularity in recent years and many are still turning to them. Here are a few reasons that you should consider an upfront mortgage broker over a conventional one.
Known Costs
With an upfront mortgage broker, you will know everything from the beginning. You can obtain all of the information that you need from them immediately. Closing costs, fees, and everything else will be disclosed from the beginning. You will have no hidden fees or costs associated with the loan. Many other lenders will try to keep everything under wraps until the end.
Anonymity
Working with upfront mortgage brokers, you can remain anonymous until the time is right for you. You can access their website and enter basic information about yourself. You enter the state you live in, your age, your income, and how good your credit is. They will then give you an accurate quote based on the information that you submit. They will not check your credit yet or bombard you with any offers. They cannot solicit you if you do not give them further information.
Known Costs
With an upfront mortgage broker, you will know everything from the beginning. You can obtain all of the information that you need from them immediately. Closing costs, fees, and everything else will be disclosed from the beginning. You will have no hidden fees or costs associated with the loan. Many other lenders will try to keep everything under wraps until the end.
Anonymity
Working with upfront mortgage brokers, you can remain anonymous until the time is right for you. You can access their website and enter basic information about yourself. You enter the state you live in, your age, your income, and how good your credit is. They will then give you an accurate quote based on the information that you submit. They will not check your credit yet or bombard you with any offers. They cannot solicit you if you do not give them further information.
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