Mortgage brokers are middlemen between you and a lender who can help you find the best loan for your financial situation

A mortgage broker is the middleman between you and the lender, and they take care of a lot of the research that comes with buying a home. Some lenders work exclusively with mortgage brokers, and brokers can find you lower rates and better terms than you may be able to find yourself. A mortgage broker may be compensated by the lender, or you might have to pay them — be sure to ask about compensation before agreeing to work with a broker. To find a mortgage broker, ask family and friends for references or search online, then interview

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