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A mortgage broker works with several mortgage lenders and banks and submits your loan file to them to issue the loan. When shopping for a mortgage loan it’s a good idea to speak to both brokers and direct lenders. Because mortgage brokers have access to hundreds of different lenders and types of.

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VA Loan El Paso County TX VA home loan fees range from about 2% – 4% of the home’s price. Find out the closing costs that Veterans are VA loan closing costs average around 1% – 3% of the loan amount on bigger home purchase Sometimes charged by mortgage brokers when they broker a loan out to the lender.