Should You go to a Bank or a Mortgage Specialist at Starz Mortgage Alliance for a mortgage?
Traditionally, everybody went to their bank for a mortgage but now you have more options at your disposal with the growing presence of mortgage brokers.
Mortgage Brokers at Starz Mortgage Alliance are licensed specialists in the field. There are a lot of reasons to use a Starz Mortgage Specialist, the first is that our services are totally free and there is no obligation if you want some advice or a second opinion. The reason we can offer our services for Free is because we are paid by the lender for taking your business to them. Behind the scene, all lenders including banks are competing to earn your business. Now, You may think that our decision might be swayed as to where we put our clients based on how much we are going to get paid but in reality we rely on our clients business to get a paycheque, which is exactly why we have to offer exceptional service, we have to give you an option that is better than what your bank can offer. Our goal is to establish long term relationship unlike the bank representative who is paid a salary to promote their product.
For example, if you go to your bank and see a mortgage associate, now even if that associate has seen a better rate with another bank, he is for sure not going to tell you about it specially if wants to come back to work the next day. So, they are not negotiating in your best interest at all because they are negotiating on behalf of the bank.
Another reason for coming to Starz Mortgage Alliance is if you have less than perfect financial situation for example blemishes on your credit report, low household income, self employed for less than two years etc. When you go to a bank, they are going to type in your details in a software and its going to be either Yes or No. But when you come to Starz Mortgage Alliance, you still must qualify for a Mortgage, but we will try to understand your situation a little more deeply and due to a large array of lenders available, there are more chances of qualifying for a mortgage.
Starz Mortgage Alliance will save you time by doing all the legwork in terms of collecting paperwork and negotiating a better rate for you. We will pull your credit score once and be able to use the same report with multiple lenders.
We hope this clarifies some of your questions about why you should contact a Starz Mortgage Specialist, if you have any additional questions, please contact us and we will be more than happy to address your concerns.
Thanks & We look forward to hear from you.