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Can I get a better interest rate through a Mortgage Broker than my bank?

    Mortgage Brokers can shop hundreds of lenders. These lenders compete for the business of a Mortgage Broker and offer them lower "wholesale interest rates".

    Wholesale Interest Rates can be much less that those rates offered through a "retail" lender like your local bank or credit union.

    Deborah Gendel is a loan originator with access to hundreds of lenders and the lower "wholesale interest rates" that they offer.

    In addition there are also many other kinds of loans and programs that she can access to accommodate your flow of monthly income.

    Before you make any decision on a mortgage, you really should do a detailed side by side comparison so you know you are making the right choice based on your specific circumstances.

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