Why a Broker?

Why should I use a mortgage broker?

Mortgage brokers are an impartial liaison between consumers and lenders, such as banks, trust companies, and private financiers. Dozens of lending institutions provide loans exclusively through mortgage brokers.

Through relationships we have developed with over 30 different lenders, the Beacon Mortgage Group can save you time, effort and money by negotiating terms and products that are customized to your needs.

How much does it cost to use a mortgage broker?

Mortgage brokers are paid a fee by the lending institutions that bring them clients. There is no cost to you.

Why should I use a mortgage broker instead of my current bank?

Many consumers mistakenly believe their existing relationship with a lender will ensure them the best mortgage rate. This is not the case. Because brokers handle much of the upfront work lenders would otherwise be forced to do themselves, banks offer discounted, wholesale rates to brokers and, in turn, their customers.

I'm concerned about my credit, how can you help?

Because we work with a variety of lenders, we can often secure attractive mortgages for people with less then perfect credit through non traditional lenders. Additionally, when you use a broker, your credit records are accessed only one time (rather than by each lender your apply with). Minimizing the number of time your credit reports are accessed helps you to maintain strong standing as a borrower.