Devaun Demus's Contact Details

Devaun Demus's Company Details

Stout Commercial

Edmond, OK, US • 5 - 9 Employees
Financial Services

What is the difference between a Mortgage Broker and a Banker?The biggest difference is that a Banker works for the Bank and a Mortgage Broker works for the CLIENT.What does that mean?If a client walks into a bank you will never hear the banker say "you should go across the street to XYZ, they have much better terms than us." Why? Because that Banker would quickly get FIRED. After all they work for the bank and that would be bad for business.Now, the Mortgage Broker is quite the opposite. They will automatically take you "across the street" to one of their other lenders and make sure you get the best mortgage for your individual situation. They work for you, the Client.This is a distinct difference and can not be missed. Bankers work for banks, Brokers work for Clients.End of story.Stout Lending is the brainchild of Chris Herford, longtime veteran of the lending industry, and Rockford Steele, Real Estate Investor turned money lender. They saw that investors had a need for lending and didn't necessarily want to have to become a lending expert to determine which Lender would work best for them. Enter Stout Lending Commercial. We're a Loan Broker that is client centered. Our goal is to be a part of the borrower's team as their go to lending source. Between all of the lenders that we work with, we have countless loan products available and are able to find a solution for just about any loan scenario.