|
|
Post by thomasromans on Sept 13, 2019 21:28:03 GMT -8
When you buy a home and consistently make your monthly loan payments on time, it demonstrates to other lenders that you are a good borrower and the risk of you defaulting on a loan is low. This strong credit history will be helpful in the future when you need other loans for buying a car, making improvements to your home, or paying other major expenses.
|
|
|
|
Post by tonymcfallen on Mar 3, 2020 17:55:38 GMT -8
Mortgage brokers also have access to wholesale rates on home loans. These rates can be lower than retail interest rates, helping borrowers save money over the life of a home loan. Even for borrowers who have challenging credit issues or minimal financial means, having access to lower rates can make all the difference in getting a mortgage that is affordable and one that is not.
|
|
