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00:00 Introduction
00:20 Loan Broker
00:45 Bank
01:05 Loan Options
01:13 Final Verdict
Buying a home in today’s housing market can be a daunting task. Soaring demand for a limited supply of homes has created a seller’s market. The U.S Census Bureau reports the average price for a new single-family home was near $500,000 in January 2022.
Since most people are unlikely to have that much cash handy, prospective homebuyers need to know how to get a mortgage that fits their needs and budget. But it takes time to sort through the many options that banks and other lenders offer, which is why you might want to find a mortgage broker who can do it for you.
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