Once you have made an offer, the seller has the opportunity to accept, decline, or make a counter-offer. If your offer is accepted, you have a ratified sales contract. This contract is the starting point for working with an approved lender to get the mortgage that’s right for you. The amount paid by a mortgagor for mortgage insurance, either to a government agency such as the Federal Housing Administration or to a private mortgage insurance company. A mortgage broker has professional expertise that can assist mortgage seekers in finding the best loan for them. The mortgage broker is also experienced in offering many applicable financing options for a consumer’s specific needs. You may end up signing up for an installment loan all along, thinking you have what you were looking…