Mortgage Financing Brokers challenge mortgage deals - BBC Business by Home Loan

Thu, 19 Jun 2008 07:00:10 -0600

Mortgage Financing Brokers challenge mortgage deals - BBC Business

by Home Loan @ Thu, 19 Jun 2008 07:00:10 -0600

Mortgage brokers are complaining of not being allowed to offer some new mortgage deals to potential borrowers. Brokers deal with more than half of all new mortgage applications, but some lenders are offering new deals only to customers who apply to ... Online mortgage applications are quick. An online application form takes about four minutes of your time filling it up. Approval can then be given within 24 hours. This is a far cry from the several business days it usually takes for traditional mortgage applications to be approved. In this regard, online mortgages are less time-consuming and even initially paper-free.


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