In the past two years, Soni family members took out a total 14mortgages with Wells Fargo, Countrywide Home Loans, Downey Savings &Loan, JP Morgan Chase Bank and HSBC Mortgage Corp. But Washington Mutual was their preferred lender, ... In most cases, banks usually close loans more quickly than a mortgage broker does. This is probably because a mortgage broker deals with two types of persons - the lender and the client. Resolving mortgage issues between these two is a time-consuming job.
