Many borrowers mistakenly believe that going directly to a specific bank will result in a better loan or a lower rate. JVM Lending has wholesale access to over 50 major lenders who typically offer brokers lower rates because using the “broker channel” saves them the cost of ‘retail overhead’. Furthermore, different lenders offer significantly different rates that vary as much as ½ percent for the same loan.
JVM’s powerful technology platform employs a sophisticated “pricing engine” to ensure that every loan is placed with the most competitive lender. In addition, every lender has different guidelines for the same loan programs. These guidelines include different qualifying policies for debt ratios, property types and employment history, among other things. Knowing which lender is the most flexible with respect to specific guidelines is absolutely essential in this market.
The Loan Process – What To Expect
JVM’s loan specialists can walk you through the loan process and make sure you are:
- Borrowing Responsibly
- Qualifying For As Much As You Possibly Can
- Obtaining The Lowest Rate
Real Estate Broker, CA Dept of Real Estate, DRE# 01524255, NMLS# 335646