The Difference Between Mortgage Lenders and Banks

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Mortgage Lenders Vs. Banks What's The
Difference?
Drew Mortgage Associates
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Are you looking for a mortgage company or bank to
apply for a mortgage? Which should you choose
A mortgage lender or a bank? We'll discuss the
differences between mortgage lenders and banks,
so that you can easily decide which is the right
choice for you.
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There has been a significant rise in the demand
for mortgage lenders. Why? With banks,
borrowers face restrictions when applying for a
mortgage loan.
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However, with mortgage lenders, you have several
options available to you including independent
lenders, national and local lenders, banks and
government agencies with mortgage lenders
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What Benefits Do Mortgage Lenders Offer?

• An opportunity to explore other mortgage lenders
• If one source rejects your application, lenders
  have other sources to try
• You will get a variety of loan options
• They will complete all of the required paperwork
  for you

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Challenges People Often Face At Banks

• If banks turn down your application, you cannot
  reapply
• Banks will only provide you the mortgage loans
  available to them
• There will be more paperwork involved for you

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How Do Mortgage Lenders Finance Mortgages?

• Mortgage lenders offer better quality customer
  services than banks. The mortgage loan will be
  granted to you through a financial institution
  and the lender will assist you throughout the
  entire process.

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Do you want to know more about Difference
Between Mortgage Lenders and Banks Read at-
https//www.drewmortgage.com/mortgage-lenders-vs-b
anks-what-is-the-difference/
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DREW MORTGAGE BRANCH OFFICES
Drew Mortgage Associates 196 Boston Turnpike
Road Shrewsbury, MA 01545 Phone
508-753-1656 Website https//www.drewmortgage.com
/
Peabody Mortgage Lenders 1 Mt Pleasant
Drive Peabody, MA 01960 Phone [phone]
Boston Mortgage Lenders 232 Commercial St Boston,
MA 02109 Phone [phone]
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If youre looking for a mortgage lender in
MA Drew Mortgage Associates can help you!
THANK YOU