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American Best Investment Corp.


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.
 
Their mortgage professionals give you the personal attention you deserve and treat you with the respect due a valued customer. They understand you are making a commitment in buying a new home, refinancing and mortgage or cashing out your home equity. So they make a commitment to you. They will help you qualify, apply and be approved for the right mortgage loan for you. When they pre-qualify you, they help you determine how much of a monthly mortgage payment you can afford, and how much they can loan you.
 
The Company does this by considering your income and debts, your employment and residence situations, your available funds for down payment and required reserves, and some other things. It's short and to the point, and they keep the paperwork to a minimum. In general, the documentation you will need includes are property Information, Income & Assets etc.
 
Private mortgage insurance and government mortgage insurance protect the lender against default and enable the lender to make a loan which the lender considers a higher risk. Lenders often require mortgage insurance for loans where the down payment is less than 20 percent of the sales price. You may be billed monthly, annually, by an initial lump sum, or some combination of these practices for your mortgage insurance premium. Mortgage insurance should not be confused with mortgage life, credit life or disability insurance, which protect you and are designed to pay off a mortgage in the event of your death or disability.

They can answer any questions you may have about the mortgage process. But the best way they can help is by getting you pre-qualified for a mortgage loan.  

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