Mortgage Broker vs. Mortgage Lender vs. Bank: What’s the Difference? 🏦 A mortgage lender works for a specific bank, meaning you’re stuck with their rates, fees, and programs. If you’re denied, you’ll have to start the process all over again elsewhere. 😕 As a mortgage broker (like me), I shop around multiple lenders to find you the best rate and program using just 1 credit pull and 1 loan application. If one lender denies you, I simply find another option without restarting the process! ✅ Banks? They offer stricter guidelines, less competitive rates, and focus on multiple loan products, not just mortgages. Want to explore your home loan options? Comment buy to schedule a free consult! #mortgagebroker #home #RealEstate #homebuyingtips #mortgage #realestate #mortgagetips #realestateadvice #firsttimehomebuyer #homeownership