|
|
 |
| |
|
Home > Financial Services > Mortgage Brokers > Alii Mortgage
Alii Mortgage
A Mortgage is a document that contains the details of an agreement between two parties.One of which is a borrower and the other party is a lender. The Agreement will include information like, Loan amount, Time period of the loan, Interest and the collateral on the loan which is normally the property being bought. A mortgage broker is generally a person or company whose expertise lies in the field of mortgage laws, properties available for sale, and loan procedures. They provide these services to clients for a fee which is usually a percentage of the loan or property amount.
Alii Mortgageassists you through six basic steps in procuring a loan for buying a house or renovation of your home. The six steps are; Getting your documents organized, convincing the loan company that you qualify for the loan, explains the best loan plans from various companies available within your budget, applies for the loan, obtains approval for the loan, and assists in closing the loan.
They will ask you many questions to determine the best type of mortgage financing for you and your specific needs. They determine, based on your financial position, the amount of mortgage you qualify for. They also take into consideration the term of the loan, the interest rates available, and your unique financial situation. They will provide you with a certificate and letter stating the amount of loan you are qualified for with its terms. During the processing of your transaction, they will also assign a Senior Loan Consultant to your transaction. Your Senior Loan Consultant is available at any time to answer your questions.
You will also be provided during this time a Truth-in-Lending Disclosure statement. This document details the estimated monthly payment for your loan as well as other things such as interest rate and the Annual Percentage Rate APR. The APR represents the amount of finance charges that you will pay over the life of the loan. APR also includes fees such as the origination fee and other fees.
The firm understands that their clients may have special needs.Other mortgage companies don't always address those needs. They have a complete line of products and programs that are right for you and whatever your needs. They can offer you the best price on the perfect loan for you.
Financial Services Companies
all are here at FinancialBrowsers.com Permission is granted to reproduce this article as long as the above resource paragraph is left intact with active links.
Back to Mortgage Brokers
|
|
|
|
|
|
|