Cyprus Mortgage Broker. Lender and Loan Officer
Mortgage Broker
Our mortgage broker is the liaison between a financial institution that offers loans that are secured with real estate and individuals who want to buy real estate and need a loan.
Our mortgage broker works with both borrower and lender to get the borrower approved for the loan. They also collect and verify all of the necessary paperwork that the lender needs from the borrower in order to complete the home purchase.
Our mortgage broker typically works with many different lenders and can offer a variety of loan options to the borrower.
Our Lender
Our lender can provide the funds for your real estate transaction. In return, the borrower pays back the funds plus an agreed upon amount of interest over a specific span of time.
Our Loan Officer
A loan officer works for a lender. They're the person that you'll deal with if you approach a lender for a loan. The loan officer can help a borrower understand and select from the loans offered by the lender.
They'll answer all questions, help a borrower get pre-qualified for a loan, and assist with the application process. They can be your advocate as you work to close the loan.
You should use a mortgage broker if you want to find access to home loans that aren’t readily advertised to you. If you don’t have amazing credit, if you have a unique borrowing situation like owning your own business, or if you just aren’t seeing mortgages that will work for you, then a broker might be able to get you access to loans that will be beneficial to you. Many individuals prefer to work with a broker regardless of their situation because it gets them access to lenders they wouldn’t think to look for. Mortgage brokers may also be able to help loan seekers qualify for a lower interest rate than most of the commercial loans offer.
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