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Mortgage brokers for a house flipper.

After getting approved with a couple different mortgage brokers and comparing their programs, interest rates and upfront fees, I ended up going with the broker that my agent recommended. The numbers that the different mortgage companies came back with were all largely the same, so I ended up making my decision based on the experience of the actual person I would be working with. While I liked a Manhattan broker the best (pleasant, easy going, very professional), I ended up working with a fast-talking NJ mortgage guy because he understood exactly what my investment objectives were and was able to assemble a loan program that accommodated my desire for minimal upfront costs, no pre-payment penalties, etc. The other brokers I spoke with seemed completely unfamiliar with the concept of purchasing a house solely for the purpose of fixing it up and re-selling it in short order.

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