Top 3 Advantages of Working with a Mortgage Broker

A mortgage broker is one of those people you might not think about too much until you need one.

Maybe you've heard of people checking on mortgages at their local bank, or you've played around on Rocket Mortgages' website, but an independent wholesale mortgage broker is a little different than either of those.

Independent wholesale mortgage brokers, like Shelvin Dean of St. Cloud Mortgage, aren't tied to a specific bank, so they can shop around for the best rates and overall terms to fit your situation. On the other hand, Dean is based in St. Cloud and wants to build long-term client relationships, so he offers a level of commitment you might not see with a national online mortgage retailer.

"I am dedicated to working hand in hand with each and every person I work with, to tailor the best possible financial solutions combined with the lowest rates and minimal closing costs to fit your specific scenario," Dean said. "My ultimate goal is to establish long-lasting partnerships built on transparency, integrity, and reliability, to address your immediate financial needs while keeping focused on your long-term goals."

Here's a closer look at the advantages a mortgage broker like Dean offers:

1) Transparency and further reach: Dean is going to do the legwork to shop around for the best deal for you. He works for you, not the bank.

2) Expert guidance tailored to you: Dean has more than 20 years of experience, and he takes the time to listen to your needs, understand your goals, and adjust your home loan solutions accordingly.

3) Local connection with a national reach: St. Cloud Mortgage is based in Central Minnesota, but their service area extends across the state. They can access financing through 20-30 approved national wholesale lending partners, giving their clients so many options and flexibility.

Moreover, Dean and the rest of St. Cloud Mortgage can help not just with new home loans, refinances (including a debt consolidation cash-out refinances), home equity loans, home improvement loans, and reverse mortgages. To learn more, connect with Dean at stcmortgage.com or by calling (320) 266-4973.