Mortgage Broker Options

Why use a Mortgage Broker

AZ Financial, LLC has more options than a Bank or Credit Union

Independent mortgage brokers have had a significant positive impact on the lending industry. Today, the use of a professional mortgage broker is one of the key strategies used by sophisticated borrowers. 

What is a Mortgage Broker?  A mortgage broker is an independent real-estate financing professional who specializes in the origination of residential mortgage loans. Mortgage brokers normally pass the actual funding and servicing of loans on to wholesale lending  sources. A mortgage broker is also an independent contractor working with (on average) as many as 50 lenders at any one time. By combining professional expertise with direct access to hundreds of loan products, your broker provides  the most efficient way to obtain financing tailored to your specific financial  goals. 

What Do Mortgage Brokers Do?  In the volatile home-lending market, mortgage brokers can serve as  safeguards, offering their clients security, safety, and peace of mind. One of the broker's most important functions is escorting your loan application through the entire process, constantly patrolling the component transactions for  possible breakdowns. A professional mortgage broker can wade through the  mountains of rate data and program options, researching current market conditions to find the most accurate and up-to-date information about cost-effective loan options. 

Brokers Handle the Details!  There are literally thousands of variables that can affect the outcome of your mortgage transaction. That's why you need a mortgage broker to act as a liaison between the title and escrow company, real estate agent, lender, appraiser, credit agency, the underwriters, the processors, attorneys, and any other services which may affect your transaction. 

Leading Rates  Our advanced technology makes things faster and more accurate. We pass the savings to you, by offering some of the industry’s leading interest rates.

Personal Point of Contact Service  You have 1 person as a direct contact with full commitment as your dedicated Loan Advisor, before, during and after your application is approved.

Never Be Kept In The Dark  Our loan experts work with you, providing transparency and answering all of your questions along the way. This includes direct access to your Loan Processor!

A Mortgage Broker also:

  • Discusses and explains financing program options
  • Informs you, in writing, of lock-in options
  • Explains all documents of the loan application
  • Explains all associated costs of  the loan application
  • Explains the disbursement of all loan applications
  • Explains the loan process, from application to closing
  • Provides you with a loan estimate of cost and fees
  • Communicates with you throughout the loan process in a timely manner
  • Coordinates the final closing of your transaction