Is there is advantage/disadvantage of using a mortgage broker?

[Tom Hayde]

I have a relationship with a mortgage broker but only for my residential propert. I am looking at two options. 1 - duplex for approx $85k and/or larger multi-family over 4 units for $400k. Is he a decent place to start the process? Thx in advance!

[Stephanie Medellin]

@Tom Hayde  I may be a bit biased but I don't see why not!  If you've already worked with him, he already is familiar with your finances.  Depending on how long ago you purchased or last refinanced your home, he or she may already have some paperwork.  Brokers vary in the number of lenders they work with, but we typically have access to more loan options than many retail lenders, who are limited to their own products.