Is it better to go with a local bank or a mortgage broker?
If meeting with lenders face to face is important to you, a local bank with a good reputation is a sound choice. Local banks may also have better rates or lower fees than online options do. Both types of lenders offer mortgage pre-approval.
What's the difference between a mortgage broker and a bank loan?
What is the difference between a mortgage broker and a mortgage lender? A lender is a financial institution that makes loans directly to you. A broker does not lend money. A broker finds a lender.