A House Loan
What is the difference between going to a bank for a house loan vs. a mortgage company?
are they the samething? Im confused about the whole buying a house thing lol. thanks in advance
if you go to a specialty jewelry store, you will only find things they import or make; if you go to a generalist store, you will see wider
inventory.
A bank sells only their bank policy designed
types of loans. A MB rep’s banks across
the US. Of course, most banks make available the same types of loans
but some offer hybrids; different
fixed interest rate loans depending on the
credit scores and amount put down,
equipment leases,
etc.
Hope that helps.
[the only negative thing about
MBs is that the borrower winds up paying them out of the loan for their
searching for the best loan.]