I get this question all the time! The lender has limited options while the broker can shop around and find a program that's just right for you. If you're an average borrower you should go with a bank because they will have the FHA loans and conventional loans. Out of top banks a good choice is Bank Of America or Wells Fargo. I like Wells Fargo because I can still check their rate sheets and compare with other lenders. They always seem to be in the top when it comes to low rates and closing costs.
If you're a borrower with not so good credit you should probably go with a broker because a broker has access to lenders that can help you. Watch out for fees! Anything over 2%. RUN!
Before you work with any lenders or brokers you should google them and read some reviews.
