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Home > Financial Services > Mortgage Brokers > Golden State Financing Corp.
Golden State Financing 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.
Golden State Financing is a company that will strive to excel in the business of providing home loans, refinancing, cash outs, and equity lines of credit. Their company different and special is that they are determined to help clients reach their dreams by purchasing a home at an affordable rate, and assist clients to consolidate their bills. Golden State Financing is a licensed mortgage broker their business is to help you find the most effective way to meet your home financing goals. The Company vision and mission is to provide the highest quality of customer service and mortgage products for their clients. Their employees are trained and developed to focus on member satisfaction.
A tool used to compare loans across different loan programs is the Annual Percentage Rate. The Federal Truth in Lending law requires mortgage companies to disclose the APR when they advertise a rate. The purpose is to prevent lenders from hiding fees and upfront costs behind low advertised interest rates. It is designed to represent the true cost of the loan to the borrower, expressed in the form of a yearly rate.
Refinance Considerations, your current interest rate is significantly higher than today's lowest rates, you may be able to roll your loan costs into the loan and still get a lower rate than you have today, thereby reducing your interest payments and saving money immediately. Many borrowers use a refinance to shorten the term of the mortgage. And brace yourself, even at low rates, a shorter term means a higher monthly payment. The benefit is that you will build up equity faster and pay far less in total interest over the life of the loan.
The Company’s mission is to deliver their customers a level of value and service that exceeds their expectations.
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