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Home > Financial Services > Mortgage Brokers > Great Lakes Home Mortgage
Great Lakes Home Mortgage
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.
Great Lakes Home Mortgage is a Pinnacle Financial Corporation company with an origination and operations center in Libertyville. Their loan professionals have extensive experience and they provide all types of loans to best suit your needs and financial situation. All processing, underwriting and closing functions are performed in their office which allows them to react quickly to the ever changing mortgage market.
They are a mortgage banker and they concentrate on doing one thing and doing it well financing homes for their customers. As a direct lender, they use their own resources to process, underwrite and fund all of their home loans no middleman to slow down the process. This gives control and decision making capability to each of their offices which means, fast, efficient and affordable financing for you.
Great Lakes Home Mortgage assists you 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. Their office staffs have worked together for many years and are committed to providing you with a stress less mortgage experience.
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