Pamela Madore Mortgage
3955 S. Soncy
Amarillo, TX 79119
Why Brokers Are Better Than Bank
To my knowledge, I am the only Mortgage Broker in Amarillo. Sounds crazy doesn't it? When I moved to Amarillo from Florida I left a place where there were only Mortgage Brokers to a place where the term was foreign.
Let me explain the difference. Banks and lenders have a limited amount of programs and guidelines they have to follow. For instance, one bank may have a minimum credit score of 620. If your score isn't 620 then you have to try to find another bank or lender that will work with you with a lower score.
So now you have found a lender that will go with a lower score but since you are self-employed you don't show enough income to qualify. Now you have to go and try to find another lender. And it can go on and on.
What a mortgage broker does is shop for you. Sort of like the Amazon of mortgages. At my disposal I have literally hundreds of programs available. So instead of going to three banks and a lender, you come to me and I "shop 'til I drop". I run one credit report instead of 3 or 4 and I stay with you from beginning to end. Since I have to sort through a number of programs to find one for you, you may have to give me a day or two to find the best result.
In addition, since I have many lenders that I work with and they all want my business, I am sometimes able to beat the best bank rates in Amarillo!
So let me do the work for you. Let me do the shopping. I am a great shopper!
Mortgage Loan Originator
3955 S Soncy Rd
Amarillo TX 79119
Unconventional Mortgage may require a higher down payment and borrowers must meet certain underwriting guidelines and criteria which may vary per person. Please call Pamela Madore for details.