Better service, more options, actual LICENSED loan officers; which means more educated, experienced loan officers. Federally chartered banks don't have to hire licensed loan officers nor do they have to comply with the same strict regulations brokers do. Commissioned loan officers get paid when your loan closes and not until, there is no salary. Who do you think works harder to fund your loan? I am in California and licensed in California, call me and I'll tell you the other differences and save you a fortune. Gregorio Denny --WeFixRates.Com--

Going directly to a lender does not guarantee you will get the best rate/terms available. It is always best to shop out your good faith estimate with at least 3 lenders, broker or otherwise.

Hi Joseph. Freedom Mortgage is a Direct Lender and we constantly prove to give the best rate, terms, and service. I would be happy to stand behind this statement. I am a Branch Manager of Freedom Mortgage and hold all appropriate individual licenses. Please send me an email so I may show you the difference of getting a quote directly from us. adennie@fmbranch.com.

Yes, there still is such a "thing" as a mortgage broker. .... I don't know you, or how you think. Please be so kind to tell us what you think you should do? ... That should create a response. .... Happy funding, Rudi

Brokers are the best way to go in my opinion. I am a mortgage banker and a broker. Brokers always disclose every penny that they make and banks don't have to. Brokering a loan is a cheaper cost model than banking and so everyone wins: You have an independent person working for you to get you the best deal at multiple sources and they will go the extra mile to help you.Imagine you go to Macys and find a pair of Levis for $30 and you then go to Levis.com and find the same pair of Levi's for $34 AND you have to pay shipping and wait for them to come in the mail and you did not even get to try them on. Why would Levis do that? Because Macy's is a better and bigger customer than you could ever hope to be and Levis does not want to mess that up.Same deal in mortgages, wholesale and retail. I can get it wholesale and you can't. I beat the big boys and then sell them the loan when it closes. Happy to help in CA (866) 385-1650 www.AskTheLoanMan.com

Gregorio Denny gave you a really good explanation for this.

That is a very good question. The reason you would go to a mortgage banker who is a direct endorement underwriter with FNMA, such as Gold Financial Services, is the mortgage banker will sell directly to FNMA. The mortgage bank will underwrite according to FNMA and not to a Wells Fargo stringent and sometime ludercrious made up underwriting guidelines. Mortgage bankds can usually get your loan closed quicker than the large banks, most banks are taking close to 45 days to close a loan. Rates usually are better at a mortgage bank because the mortgage bank can pick and choose who will end up purchasing the mortgage. Some banks will pay better than others. Hope this helps.Matt SpinnGold Financial Services512-663-5515