If you do not have a lot of time to go from lender to lender, consider using a mortgage broker. Mortgage brokers are no longer the lenders of last resort. Indeed, many financial institutions pay brokers to generate business: the lender rather than the borrower pays the fees.
Mortgage brokers really come in handy if you have been turned down for a loan from a bank, trust company or credit union. This is often the case if you have declared bankruptcy, have a bad credit rating, or are self-employed.
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