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Who is a boutique mortgage lender?

Sep 19, 2009 by Prasanna | Posted in Renting & Real Estate

Hi,

I keep hearing the word boutique mortgage lender. I am looking to finance a home loan. Who are these boutique mortgage lenders? What are their charecteristics? Will they give you a lower rate than the big banks (like Chase, Bank of

specialized;

in the world of lending, they are of no benefit to you
as lending is highly regulated.

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