Findamortgagebroker launches online service

FindAMortgageBroker.com has launched an online service dedicated to helping borrowers connect with licensed residential mortgage professionals.

By entering their current zip code on the site, borrowers gain instant access to nearby brokers and the mortgage expertise these specialists provide, helping them to save thousands of dollars securing mortgage loans. Search results include the broker's company affiliation, address, phone number, email address and NMLS number.

"Many borrowers wrongly assume that large retail lending institutions and banks offer the best mortgage deals. In fact, mortgage brokers are not subject to a retail bank's overhead costs and can often secure a lower interest rate through the same large institution's wholesale division," advises the company.
"Consumers who apply for a loan directly with a large retail lending institution or bank believe they are cutting out the middle man, but in fact, may be putting themselves at a disadvantage by not using a broker."