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Home > Financial Services > Mortgage Brokers > Granger Mortgage Corporation
Granger Mortgage Corporation
A mortgage broker is an individual or firm that acts as an independent agent for both the borrower and the lender of a mortgage loan. Mortgage brokers are the middleman between you and the lending institution, which can be a bank, trust company, credit union, Mortgage Corporation, finance company or even an individual private investor. A mortgage broker will analyze your financial situation to determine which lender is the best fit for your loan needs. He or she will submit your mortgage application to one or more lenders in order to sell it, and works with the chosen lender until the loan closes. He or she receives a commission from the borrower if the loan closes.
Granger Mortgage has loan programs such as Choosing a Loan Program The right type of mortgage for you depends on many different factors, FHA Loans which Programs that help low and moderate income families become homeowners by lowering some of the costs of their mortgage loan, Graduated Payment Mortgages. The GPM is an alternative to the conventional adjustable rate mortgage, and has a fixed note rate and payment schedule. Treasuries of the Company maintained their early gains and the stock indices also advanced modestly on the day. The stock gains, however, were enough to push the Dow and S&P to new, multi-year highs. There were no major economic indicators released today.
You can use their calculator to figure out your estimated monthly payment in advance by estimating your loan amount, interest rate, and length of mortgage. This calculator figures your monthly savings and also compares your principal balance in years with and without refinancing. Based on your total cost to refinance, a break even period is calculated in relation to your monthly savings. Paying points for a lower interest rate is a trade off between paying money now versus paying money later. A point - equaling 1 percent of the total loan amount - is an upfront fee that reduces your monthly interest rate and total interest due over the life of a loan.
Granger Mortgage Corporation believes a mortgage is a promise, one that can build a solid and trusting relationship for the term of your loan. They are dedicated to providing excellent service to their customers, striving to earn repeated business referrals from their many satisfied mortgage applicants. The Company believes a mortgage is the most rewarding investment made over a lifetime of important financial decisions.
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