What is a mortgage broker?
A mortgage broker is an independent loan
financing professional who specializes in the origination
of residential and commercial mortgages. Barry Little is
thus an independent contractor, who performs buyer services
in a manner similar in status and regulation to many real
estate salesmen and brokers.
What services does Barry Little provide?
The process of mortgage lending is a complex
one. Barry acts as a mentor to his clients, guiding them
through the entire process, offering extensive choices while
balancing the customer's financial goals. Barry has access
to many sources to secure capital for loans. Mortgage brokers
originate over half of all the real estate loans (residential)
in the US. With access to so many sources, Barry can use
innovative loan packages to allow low-to moderate-income
borrowers, with less than perfect credit histories, to enjoy
the benefits of home-ownership.
Funding providers who use the services of
Barry Little are in effect "outsourcing" the marketing
and sales of their loans. This allows the lenders to reach
more customers needing their services. The actual funding
and servicing of the loan are passed on to these sources
of capital which include many well known banks and other
lending institutions.
Where is Barry licensed? Barry is a licensed broker in Massachusetts
and New Hampshire. Several federal laws and regulations and
dozens of state laws and licensing boards regulate the home
real estate brokers. To acquire these licenses, Barry relies
on his 21 years of experience in securing the best financing
options for his clients, including experience with residential
and commercial loans and in private and government loan programs. |
