Did you know there are two types of mortgages?
Wholesale and retail. "Wholesale" is financing through a large broker who charges extraordinary closing costs and sells tens of millions of dollars per in mortgage notes to larger, more widely accredited banks, banks you may even bank with daily. The rate is discounted to this lender based on volume.
In the case of "retail" mortgages Customers walk directly into a banking branch office and ask for a mortgage representative, the representative then offers a rate. In your mind you feel your personal relationship would merit a better rate, where in fact… it doesn't! Our system offers the best rate at the lowest closing cost GUARANTEED!
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