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Home > Financial Services > Mortgage Brokers > Butler Mortgage Inc.
Butler Mortgage Inc.
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.
Since they are not compensated for unclosed loans, they take an aggressive approach to gaining approvals for you. The Company has developed a strong reputation in Central Florida for getting the job done. In fact, because of their experience, and their vast, nationwide, lender network, they are known as the mortgage professionals who close loans that are declined elsewhere. They invite you to contact them for a free prequalification.
Butler Mortgage is fully staffed at its one location to serve your needs. Unlike banks and other mortgage companies that take your application at one branch, send it off to be processed out of state at another branch, and set up the closing from yet another, Butler Mortgage coordinates all activities from one location. This ensures that the process will run efficiently and quickly.
The way this works is that if a customer came to them with limited resources and requested a low level of closing costs, then they would offer a slightly higher rate, and waive origination points. They get compensated for their work, the lender gets a loan that is paying a higher interest rate than prevailing market rates, and you get into a home for little money and only pay a few dollars per month more due to that slightly higher rate.
Butler Mortgage does not play games. They never play bait and switch which sometimes hurts them. In other words, some customers veer toward the lenders that tell them what they want to hear. They may lose business by being honest, but they would rather shut their office doors for good than mislead a customer.
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