Mortgage broker myths debunked: How securing a loan has become 'faster, cheaper and easier' A recent study found buyers can save more than $10,000 using brokers over retail options like banks ...

VA LOAN SAVINGS On VA loans from non-bank lenders specifically, borrowers save an average of $13,432 per loan when working with an independent mortgage broker as opposed to a retail lender.

Bressler warned that large-scale mergers and acquisitions “are not good for our industry” and to use AI as a differentiator.

NEXA Mortgage Launches NEXA100, the game changer for mortgage loan officers. Post this “NEXA100 is the most competitive game changer in the mortgage loan industry,” said NEXA founder Kortas.

According to Inside Mortgage Finance estimates, the broker channel accounted for a mortgage market share of slightly more than 18% from January 2024 to June 2024, lower than that of the ...

The wheelhouse for mortgage-banker financing are the conventional, FHA and VA loans. Mortgage bankers tend to take on a wide range of borrowers, those with strong credit and income, or not.

Pontiac-based United Wholesale Mortgage on Thursday, May 15, unveiled its AI virtual loan officer assistant — "Mia" — that is a voice artificial intelligence tool that can make outbound calls ...

The company believes the change will allow it to offer a more comprehensive and tailored service to clients as part of its ongoing growth strategy.