I am often challenged with why use DML Mortgage. Whereas we have in house underwriting and over 27 years experience in business there is a defined reason I never became the Banker (although maybe mom wanted me to be the Banker).
A good mortgage broker with strong back office support can be more flexible, more service-oriented than the Banker who is in a never ending cycle to figure out which product line they want to offer and the never ending changes they must battle, both corporate and regulatory.
Mortgage Broker can pursue the best program and product that fits their borrowers needs better than the banker who may be subject to specific corporate pricing that hinders their ability to compete that given day, week, month or year.
Broker is better positioned to navigate the never ending sea of changes as we are leaner, meaner and more on top of our game.
It is often that we see our price better than competition for no other reason that today we may have Investor “A” with best rate and tomorrow Investor “B” or “C” so we can confidently maneuver and keep are customers happy.
Support, service, price, flexibility. The Broker model not only works for me (sorry mom) but for the thousands and thousands of customers we have assisted and continue to serve.