Where should I apply for a mortgage?

A potential homeowner may obtain a home mortgage loan from a direct lender, such as the local bank or savings and loan or credit union, or through an intermediary, such as mortgage brokers, who place loans they originate with both local and out of state banks, insurance companies, and S&Ls. Many interested people simply do an online search for companies that process loan applications and in fact make online loan applications for a loan.

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