Gwendolyn Walton
Long and Foster 703-996-9732

 

Your Northern Virginia Real Estate Connection

Get a professional, results oriented partner for the buying or selling a home:

  • Trusted and experience answers about the process
  • Effective marketing strategies
  • Expertise about neighborhood features
  • Ability to target home searches
  • Strong negotiation skills
  • Support through the closing and beyond

 

Link to full blog post article

Mortgage Brokers vs. Mortgage Bankers

What's the Difference Between Mortgage Brokers vs. Mortgage Bankers Mortgage Brokers work individually with borrowers. The broker is independent and searches for a loan based on his customer’s needs, not his employer’s needs. A broker matches clients with lenders then walks the paperwork through final approval and funding. Brokers’ fees are paid by the lender, so they are of no consequence to the buyer Mortgage bankers are direct lenders; working with them eliminates the middleman. Mortgage bankers themselves approve or reject loans and may prove more expeditious. Mortgage bankers must have substantial net worth if they are to survive. Because they are competing with both other banker…
Image Of Agent

Gwendolyn Walton

Long and Foster
BrightMLS

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Long and Foster participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than Long and Foster are marked with the IDX icon and detailed information about each listing includes the name of the listing broker.
©2020 BRIGHT, All Rights Reserved. Information Deemed Reliable But Not Guaranteed. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale.
Data last updated: Oct 31, 2020 12:18:pm.