Matchmaker matchmaker Is It Time To Do Arizona Mortgag

Is It Time To Use an Arizona Mortgage Broker?

Is it time for you to use an Arizona Mortgage Broker? How do you know if it’s that time? Here are a few need-to-knows before you sign your life away on a new home: First, what is an Arizona mortgage broker? Essentially, this type of broker acts as an intermediary who works with lenders on behalf of individuals or sometimes businesses. Rather than banks going out and selling loans themselves, they put their interest rates out there and Arizona Mortgage Brokers hunt them down and present them to buyers. In fact, in the US (and other countries including Spain, New Zealand, and Canada) mortgage brokers do the majority of the selling for lending institutions.

What Do Arizona Mortgage Brokers Do For Their Clients?

Arizona Mortgage Brokers  serve their clients in many ways that people wouldn’t be able to do on their own. First, they will assess your ability to pay. They look at your financial background, income, credit history, and more. Don’t worry if you don’t have good credit, that doesn’t mean you are automatically disqualified from buying a home. They will also do some research on the market and help you find a home that is in your price range and fits your family’s needs.

Did you know that Arizona mortgage brokers can also get you pre-approved for a home loan? This can be kind of a lengthy process but your broker can get you through it fairly fast and a lot quicker than you would be able to on your own. It will be a lot less stressful for you if you don’t have to worry about this part of the process. All you have to do is get your documents together and your broker will do the rest.

Match Making Services for You and Your Home Loan: Arizona Mortgage Brokers

Matchmaker matchmaker make me a match! Put your eharmony account on hold for a few days—you’ve got a home to buy! What is an Arizona mortgage broker, you ask? Well, basically, they are a matchmaker for you and your home loan/lender! They will match you—the borrower—with a lender that will offer you a loan within your monthly payment budget and with, hopefully, an awesome interest rate. They will go over your personal information and look through a broad scope of lenders to match you with the best rates and terms.

Why Use an Arizona Mortgage Broker? Can’t I Do it On My Own?

Technically, yes. You could find your own home, lender, loan, etc. You could gather all your documents and evaluate your loan to income ratio, and more. But who wants to do that when you have a home you want to buy? Why bother yourself with this hefty task when you could just leave it to a professional? Leave these services to an Arizona mortgage broker. Arizona mortgage brokers have a much broader scope of access to an array of lenders and they will most likely be able to hook you up with a lender who offers a lower interest rate than you could find on your own.

Your Setabay Home Loan is the Arizona Mortgage Broker will match you with a loan, and then submit your loan application for underwriting and approval. This is a process that is difficult to understand and you’re better off to just let someone who knows the industry take the reigns in this situation. What are you waiting for? Find the Arizona mortgage broker that is right for you today!

Dennis Dahlberg
Broker/RI/CEO/MLO

Setabay Home Mortgage
Tel:  (623) 582-4444 | Fax: (888) 279-6917

www.SetaBay.com
NMLS 1057378 | AZMB 0923961 | MLO 1057378
23335 N 18th Drive Suite 120
Phoenix AZ 85027