Direct lender vs Mortgage brokerI've been encountering several bank owned homes that require Wells Fargo, Bank of America, etc cross approval. My agent says I should get pre-approvals from these banks to make my offers stronger. I already was preapproved with a mortgage broker, not a direct lender. Is there any advantage with going through a mortgage broker vs a direct lender? My agent says if I go to a direct lender, my costs for the loan would be cheaper. Also, a direct lender approval is stronger. Not that I care, I just hate to go through the whole preapproval process again. She's recommending doing it 3 times with B of A, Chase, and Wells Fargo. Opinions?May 13 2012 - US00YesReport a ProblemProblemSelect oneOffensive contentIrrelevant contentSpam (pure self-promotion)OtherDetailsYour emailPlease enter a valid email address.Submit CancelContent flaggedWe will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.We're sorry. This service is temporarily unavailable. Please come back later and try again.