Existing Lender
Sometimes, you may have a client who wants to negotiate their loan terms with their existing lender. Working with Mortgage Street gives you the tools you need to help your client negotiate with their current lender. If their client is unwilling to negotiate, our rates are lower than those offered by traditional lenders.
Compare Interest Rates
Your client can’t negotiate their interest rate without knowing the best rate their lender offers. You can help your client compare interest rates using the information provided by our lender network. Once you have that information, you can see what rates their current lenders are offering new borrowers. Most likely, you will discover that banks reserve the best rates for new borrowers in order to increase their business, which is why we offer competitive interest rates for all of our customers.
How We Can Help
Most lenders don’t reward loyalty. Instead, they offer the lowest discount they can that will make your client stay. Often, this is not their lowest possible rate; it’s just smaller than your client’s previous rates. We can help you submit a pricing request to convince your client’s lender they are serious about refinancing. With these requests, we will present our rates which are lower than the industry standard.
When you partner with us, we can help match your client to the right lender for them. Often, our direct loans are more competitive than those offered by lenders in our networks because we are a non-bank lender. We also help to monitor your client’s mortgage and interest rate, alerting them when it’s time to refinance because of cheaper interest rates. In addition, our experts can work with you and your client to ensure that their interest rate is the best it can be throughout their entire mortgage term, negotiating when necessary and refinancing when the opportunity arises.