Centaurus Financial - we invest in your success
CuraDebit Free Debt Analysis
  Home > Financial Services > Mortgage Brokers > Allegiant Mortgage & Real Estate

Allegiant Mortgage & Real Estate


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.
 
Allegiance Financial Group assists customers 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 list all of them companies which are belonged to any industry associations. 
 
Allegiant Mortgage & Real Estate provides competitively low fixed and adjustable rates, First and Second mortgages, Equity Lines of Credit, Mortgage and consumer delinquencies, bankruptcies, and foreclosures, payoff tax liens and property taxes. Interest only loans were the norm at the time of the Great Depression of 1929. People made interest payments on their mortgage until the final balloon payment was due.
 
The company hard costs involved in processing a mortgage. Some fees are charged by appraisers, title companies or credit bureaus. The lender usually has fees they add to the closing costs, some represent real costs of doing business with the secondary market, some are what's called junk fees in the industry. These are listed as underwriting fees, processing fees, rush fees.
 
The company lender collects funds from borrowers based on projected property taxes and insurance bills. Money is usually collected at closing to fund the impound account. After closing, funds to cover property tax and insurance bills are collected from the borrower, usually on a monthly basis. The borrower receives interest on the money in the account. The lender pays the property tax and insurance bills.
 
A good faith deposit is made when you are submitting an offer for a purchase.  This money is not written to your Realtor but is written to an escrow company, which is a neutral third party that holds the funds and disperses funds as is determined through the stipulation of the contract.  There is no need for a deposit to hold a loan program. Allegiant Mortgage & Real Estate provide a real estate service also with different programs.
 

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

 
 
Infinit-i