The problem with this, as anyone who has been through the process can tell you, is that mortgage applications can be long. Applying for five different mortgage pre-approvals can easily take the better part of an afternoon to do. With a mortgage broker, all of this legwork is done for you.
More accessible than bank loan officers: Just like your real estate agent, the mortgage broker works for you and doesn\'t get paid unless you close your loan. For this reason, mortgage brokers tend to be more accessible to buyers than bank employees. So, when you have questions along the way, it\'s generally easier to get the answers you\'re looking for from a broker.