A banking license requires a higher net worth and allows the company more privileges in closing, locking and underwriting loans directly for you, the consumer. However, when working solely with a banker you may be limited to the programs and underwriting choices their organization offers.

A broker has fewer requirements under state licensing and is only allowed to offer other companies' products. They may offer more choices of programs and products, but are limited to the services they can provide -- such as approving, locking and closing your loan -- without someone else's approval.

WHY CHOOSE? With Welcome Mortgage Corporation you have the best of both worlds! Welcome Mortgage Corporation meets state banking requirements for a higher net worth allowing them to service you directly. Yet, we act as a broker with approval from dozens of banks and mortgage companies to offer their products directly to you -- allowing Welcome Mortgage and you, the competitive advantage!