We all would love to know more about mortgage loans and financing for real estate. The one great suggestion I can give is to see a good mortgage broker and ask for some Mortgage Tips. An experienced mortgage broker like at Malibu Mortgage Broker can offer many tips and ways to save on your next mortgage loan, whether its for a purchase of a new home or if its a refinance loan on the home you now have. The broker works with 100s of new home buyers and people refinancing their present homes and knows which lenders will do what and know which lenders wont loan. They are familiar with what the bank will need as far as paperwork goes, credit ratings required for different types of loans and knows property values in the area you are located in. A broker processes loan packages for many lenders and banks and will guide you along the way and help answer questions you will have about the entire process. He will oversee the application process, escrow, the appraisal, and everything else involved so you can get your mortgage loan approved and funded fast. Most mortgage brokers receive their pay from the lender, not the applicant.