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What’s the Difference Between a Mortgage Broker and a Loan. – Mortgage lenders will cover a broker’s fee in rare cases, but federal law prohibits brokers from collecting fees from both the lender and the borrower on any one mortgage loan. As mortgage professionals, brokers often enjoy established connections to the lenders they work with most frequently.
Ojus North Miami Beach, FL 33179, Neighborhood Profile. – Ojus is an urban neighborhood (based on population density) located in North Miami Beach, Florida. Ojus real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is owner occupied.
Mortgage Brokers are also responsible for educating their clients about their legal and financial options. This could include explaining legal disclosures, reviewing the client’s budget and helping the client fill out and understand all the necessary paperwork. Mortgage Broker Skills. Mortgage Brokers are both social and analytical in nature.
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Mortgage brokers vs. banks: the pros and cons | The Star – · Finding a deal, or the desire to get the best rate, is the key reason people use a broker.” Because mortgage brokers work with many lenders, including major.
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SoFla real estate firms ramp up in 2013 – Other firms, like GMA Realty, set the stage for future expansion. The brokerage announced in October plans to add up to 75 real estate agents and mortgage brokers after opening a 3,000-square-foot.