Whether you are interested in refinancing your home or purchasing a new property, you are likely faced with more options than you thought were possible. At the center of your search are brokers, lenders, and banks, and it can be difficult to understand the pros and cons of one over the other. Below, Brian Jahanbin, a 20-year veteran of the industry and the President of Maxim Lending, Corp, a full-service brokerage firm, digs into their differences so that more individuals can confidently seek financing for their properties.

“While some borrowers like to go directly to a bank or lender because they think this will give them the best rates or terms, that is not necessarily true,” says Brian Jahanbin. “When you look across the mortgage industry, you can see that working with brokers like Maxim Lending, Corp can give borrowers many advantages.”

The first benefit, he explains, is that a broker often offers lower interest rates and costs. One reason is because their overheads are generally lower than those at a lender or bank. Without those extra costs to cover in monthly budgets, brokers can pass on that savings to their clients in the form of reduced rates and better terms.

“This is true at Maxim Lending, Corp because with our low overhead, we can lower our rates and costs as well as our margin for benefits for our borrowers,” Brian Jahanbin states. “It ultimately means that we are able to give our clients some of the best terms in the market.”

Another issue that negatively impacts mortgage rates is the limited programs offered by a bank or lender, who is usually locked into providing mortgages only for a specific customer demographic. Anyone outside of that profile will have trouble obtaining financing from that bank or lender.

“Brokers, on the other hand, are nimble,” says Brian Jahanbin. “At Maxim Lending, Corp, we can serve any client regardless of their credit score. We easily turn from one financing option to another until we find the best terms for our clients, which leads on the whole to lower costs for them.”

Brian Jahanbin says that at Maxim Lending, Corp, these advantages have resulted in hundreds of new homeowners and better financing for mortgages. “My team and I enjoy surprising borrowers with terms that are affordable and reasonable and that lead them to what they most want: the keys to their new property or refinancing.”

Brian Jahanbin started Maxim Lending, Corp in 2021 with the goal of offering customers the lowest rates on mortgages. He also had a dream of helping individuals who had less-than-perfect credit to become property owners, also.

“Real estate is still potentially a great way to create a strong future for you and your family,” he says. “Knowing this, I wanted everyone – whether they have a great credit score or one as low as 500 – to have a chance to secure their future. At Maxim Lending, Corp, we show our clients that getting a mortgage with reasonable rates is not as hard as they might think.”

The company has access to the lowest rates in the industry because its team works with over 100 investors and offers many programs, including financing for people with low credit scores. In just over a year, the company has rapidly grown and is now licensed to offer VA, FHA, DSCR, JUMBO, CONV, and hard money loans in 11 states. 

“We have been able to help so many people obtain refinancing and new mortgages that we are now hiring new, experienced loan officers,” Brian Jahanbin reveals. “We are especially proud of our expansion because in this current market, most mortgage lenders are laying off their loan officers and staff. Each member of our team upholds our commitment to fast service by helping us to maintain an average loan closing of less than 21 days.”

Brian Jahanbin offers some last suggestions for people who are searching for a mortgage or refinancing. “Take your time,” he says. “The industry has a lot of terms and paperwork that can make it all seem difficult. Remember to shop around and make sure you really are getting the best rate. Never be pressured into a mortgage you don’t want, and please feel free to reach out to us at Maxim Lending, Corp. We love to answer questions about mortgages and to help people understand the options they have for financing their dream properties.”

Maxim Lending, Corp is a full-service brokerage firm founded by Brian Jahanbin, who rose in the mortgage industry by working as a top-producing loan officer and branch manager for major realtors. Brian Jahanbin was also ranked in the top 1% originators in the United States in 2019, 2020, and 2021 and has closed over $1B in mortgage transactions in the past 20 years. 

For more information about Maxim Lending Corp and its no-income verification loans on investment properties and loans for borrowers with credit scores as low as 500, please visit www.maximlending.net or call toll free 1-888-345-9333.