# First time Home Buyer **URL:** https://forums.speedlife.net/t/first-time-home-buyer/19882 **Category:** NYSpeed Off Topic **Created:** [November 8, 2006, 8:38am UTC](https://forums.speedlife.net/t/first-time-home-buyer/19882 "2006-11-08T08:38:58Z") **Posts on this page:** 1 **Showing post:** 13
### Author: ![badazzss](https://avatars.discourse-cdn.com/v4/letter/b/e19adc/32.png) [@badazzss](https://forums.speedlife.net/u/badazzss) #### Post date: [November 8, 2006, 9:54am UTC](https://forums.speedlife.net/t/first-time-home-buyer/19882/13 "2006-11-08T09:54:09Z")
Bank \>\>\> Broker. The broker just makes their money by going to a bank, getting 5.75 %, and upping it 1/2 a point or whatever to you. If you can’t get the SonyMa loan (which you should be able to, and which actually still will go through a normal bank I think), just call your bank or a local bank of your choice. They will setup an appt. for you with one of their mortgage gurus - and that person does basically the same job that a broker does, except he is paid directly by the bank and doesn’t need to bump up the interest rate. I know many of the grants are dependent on your income too… --- _[View the full topic](https://forums.speedlife.net/t/first-time-home-buyer/19882)._