Why is there a stigma on Mortgage Brokers?
I’m a very hard working, honest mortgage broker for NC, MD and PA. But, there is a natural stigma against brokers. I understand there is always a “bad seed”, which is the case in ANY field. Most times, a broker is the best option for a refinance, since we can shop MANY lenders guidelines to find the right loan. Whereas a lender only has their guidelines – you fit it or they turn you down. Please help me understand this, from your experience.