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How does one go about finding an experienced VA broker?

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peepers
Frequent Contributor

How does one go about finding an experienced VA broker?

I have tried Google-ing my area to no avail. I have read many threads where folks are advised to "find a broker experienced in VA mortgages". But exactly HOW do I go about finding one??
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peepers
Frequent Contributor

Re: How does one go about finding an experienced VA broker?

Also......when you use a broker vs working directly with a bank yourself......does using a broker incur another fee? Considering the parties involved, commission to agent, closing costs to bank. then would a broker be another party that a fee would be due?
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DallasLoanGuy
Super Contributor

Re: How does one go about finding an experienced VA broker?


@peepers wrote:
Also......when you use a broker vs working directly with a bank yourself......does using a broker incur another fee? Considering the parties involved, commission to agent, closing costs to bank. then would a broker be another party that a fee would be due?

no. brokers do not add to the fees.

the broker gets a discount on the rate when they sell to the bank in the wholesale market

 

actually brokers/bankers are usually a little cheaper than the big banks

 

Retired Lender
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