Mortgage brokers have the ability to shop around different mortgage lenders versus a bank, which can only work with the bank’s products.

A HELOC is a secured line of credit, or what I call a collateral mortgage since your home is being used as the collateral for the credit.

The ideal point that someone should be talking to a mortgage broker, is at least a year before you realize you want to buy a house.

A mortgage broker is someone who works outside of the banking environment to help people find a mortgage that is right for them.