Most buyers will seek out the advice of their friends and family – Where shall I buy? Do I need a Realtor? Where shall I get a loan?
These well meaning folks have lots of opinions and recommendations- but most have only bought one home- and that might have happened years ago. Things change.
One of the more confusing items to consider is the difference between a direct lender like Bank of America or Wells Fargo and a loan broker. Which one is best for you? What are the differences?
This is one of a series of short Home Buyer FAQ videos designed to take the mystery out of the home buying process.