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Sarasota Mortgage Broker

A mortgage broker acts as a middle man that goes out and sources the funds from a lender, or investor for a borrower.

Most lenders use mortgage brokers to distribute their products out to the end consumer. However, some lenders have loan officers that can act as a mortgage broker on behalf of the lender.

The main difference between a loan officer and a mortgage broker is that a mortgage broker is licensed by the state to be able to act as a sarasota mortgage broker. A mortgage broker is held accountable for their actions when advising a borrower on their mortgage decisions. Usually a mortgage broker can source funds from any lending institution to provide you with a mortgage, and as a result can help you find a competitive rate and help you to get the best possible deal.

In some cases, lenders have licensed mortgage brokers working directly for them to handle all of the distribution of their products. This is the case with me and my relationship to GMS.

As a mortgage broker for GMS I help borrowers who need private money to finance their real estate transactions using funds that GMS has acquired from their investors.

In addition we can source funds from traditional banking institutions for more common 30 year mortgages, however our primary focus is short term jumbo bridge loans for investment purposes, or short term problem solving.

 

Submit a loan request now, and let us find a financing solution for you!

 



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John Schroeder
Gulfcoast Mortgage Solutions
5379 Ocean Blvd
Sarasota, FL 34242
941-926-1800 x108

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