A Note On Lenders

In the past week I have had two clients ask me how many lenders I work with. It seems that many people think that a mortgage broker who works with a ton of lenders is more qualified to help them than a broker who only works with a couple. While access to the right loan products is very important for me to effectively help you, my client, it is even more important that I know the products and underwriting guidelines and have a deep relationship with the lender who will ultimately be funding the mortgage.

I do have access to many, many lenders. However, I have deep relationships with just a few. Because of this, I have the ability to call my account executive or an underwriter directly--and even drive to their office to meet with them face to face. When you work with a True Mortgage Professional, you benefit not only from your relationship with that person, but also from the business relationships that professional has built over years of working with the same partners who all contribute to a smooth transaction.

The better question would be, "tell me about the relationship you have with the lender which you plan to use for my mortgage." After all, isn't your mortgage the one which is really important?