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Thank you for visiting my web site. I hope the resources available here are useful to you. Please take your time to explore the information on this site and give me a call if you have any questions or wish to discuss your options.

Who has the best rates?

Contrary to much of the advertising you will see, read and hear, no one has the best rates. We all get our money from the same investors on Wall Street and pass it along to our customers at more or less the same levels. Difference in rates stem from differences in a lender’s costs and their need to pass those costs along to the consumer, along with their necessary profit.

Should I use a Mortgage Broker or a bank?

A bank can only offer whatever mortgage loan product they happen to have. A Mortgage Broker, on the other hand, can offer you a choice between the mortgage products of every bank and lender with which he does business. A Mortgage Broker is likely to be able to find you a better deal simply by virtue of having more sources of funds.

On the other hand a bank may sometimes find it advantageous to offer a special rate to a significant customer with a substantial banking relationship.

Isn’t a broker just a middleman adding to costs?

To the contrary, a broker is an independent advisor whose job is to seek out the best deal for his client. Lenders pay brokers only when a transaction closes – they do not have to pay for office space, clerical assistance, a desk, a phone, fax, internet, marketing, etc. Lenders have used brokers for years because in fact they are less costly than in house loan officers who cost the lender money even if they do not close a single loan.

So who should I use?

Good question. If the rates are similar and the costs are similar, there is no particular advantage to using one or the other. They are just two different channels by which lenders place loans. My best advice is to find a professional loan officer, whether a broker or a banker, who is knowledgeable and ethical and who listens to your needs and takes the time to explain your options and answer your questions.

Ultimately, you should use someone you trust. A home is normally the largest investment any of us will make and a mortgage is similarly the largest debt any of us will incur. Using the services of a trusted advisor, one perhaps recommended by family, friends, business associates or your realtor, is the best choice to make.

Either way, you should expect to be treated courteously, to have your questions answered, to have your phone calls returned within a reasonable time and above all to have no surprises at closing.

OK, so why should I use you?

Fair question. There are many experienced and competent professionals out there, both in the broker and in the banking sector, but if you are like most people you only deal with getting a mortgage once a decade or so. The process is therefore an unfamiliar one and the stakes are high.

In my case, I bring over 20 years’ of financial experience to the table. I have a Master’s Degree in Finance and over 10 years or banking experience with the likes of Citibank, Merrill Lynch and Wells Fargo. I also have a real estate license so I can monitor the real estate side of the transaction to ensure the loan is in synch with the contract.

My experience as Chief Financial Officer at Prudential Network Realty gave me an intimate familiarity with all aspects of real estate transactions and the real estate business in general.

I invest constantly in continuing education and training and have earned the National Association of Mortgage Brokers’ Lending Integrity Seal of Approval.

I also invest heavily in technology that allows me better serve my clients. From systems to find the best loan product at the best rate in the fastest possible time to industry associations and online resources, I am able to respond to your questions and needs in as efficient a manner as possible.

Finally, I guarantee my Good Faith Estimate.

If your closing costs are higher than I estimate I will pay the difference. *

* Click here for details of my guarantee

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Call me today or fill out the “Got a Question?” section below. I will be happy to get back to you as soon as I can and help you in your mortgage financing needs.