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A broker can help you with mortgage comparison shopping by finding a lender for you. They often have access to dozens of lenders and hundreds of loan products. This can give you more options to choose from, and with less effort on your end. It’s a faster way to compare mortgage offers from multiple companies at once. According to the Federal.
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Getting Mortgage Offers? | Consumer Information – Clearly, some mortgage companies benefit from the practice. But the FTC says consumers can benefit, too: prescreened offers can highlight other available products and make it easier to compare costs while you carefully check out the terms and conditions of any offers you might consider.
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How to get a loan, even if you have bad credit – Mortgages, home equity loans. If you do decide to pursue a home equity loan as an option, make sure to do your research.
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