For potential homebuyers who need a little extra help with the process of finding a mortgage loan, a mortgage broker can be a great resource.  However, there are still instances wherein you won’t need the services of a broker.

So what exactly does a mortgage broker do?  Mortgage brokers take mortgage loan applications from applicants, and then turn around and disseminate the application to several lenders in an attempt to find get an approval.  It is an advantage for brokers that they are able to work with several lenders; hence they also know which lenders accept applications that may prove problematic…