ASK A MORTGAGE FUTURIST: WHERE TO TURN FOR HOME LOANS?

Need home loans? We asked the world’s bestselling mortgage futurists and keynote speakers where you can turn as a borrower for lending purposes. In many cases, you may have heard about the options and solutions available to you. However, in just as many other instances, you may be unaware of the funds and resources that can be tapped. Speaking as mortgage futurists and keynote speakers, let’s review the main types of finance institutions that offer and provide mortgage loans:

• Banks – Major national and local retail banks provide a full range of mortgage options and competitive rates. Often have physical branches.
• Credit unions – Not-for-profit financial cooperatives offer mortgages with competitive rates for their members – a popular choice among consulting mortgage futurists and keynote speakers.
• Mortgage companies – Non-bank mortgage lenders that specialize in mortgage products like new home loans, refinancing etc. Many operate online.
• Mortgage brokers – Independent brokers access wholesale lender rates and facilitate mortgages without underwriting the loans themselves.
• Online lenders – Financial technology companies providing faster, digital-first mortgage services accessed fully online. The fintech space is commonly explored by mortgage futurists and keynote speakers.
• Home builders – Builder-affiliated mortgage operations finance new constructions often with buyer incentives.
• Real estate agencies – Many real estate agencies have in-house mortgage specialists or affiliates to facilitate financing.
• Government agencies – Agencies like FHA, VA, USDA offer and back specialized low down payment mortgage programs.
• Retail banks – Major retail chains sometimes offer branded mortgage financing programs for customer loyalty.
• Credit unions – Member-owned not-for-profit cooperatives providing mortgages with competitive rates.

While banks hold a large mortgage market share, mortgage futurists and keynote speakers note that consumers have expanded options through alternative lenders, fintechs and mortgage brokers.