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Home > Financial Services > Mortgage Brokers > Forum Mortgage Bancorp
Forum Mortgage Bancorp
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.
Forum Mortgage Bancorp is an Illinois Residential Mortgage Licensee, specializing in residential and commercial mortgage financing. Their firm works and maintains close working relationships with over fifty 50 reputable banking institutions. Thus, Forum Mortgage Bancorp is able to offer an extensive range of mortgage programs at the most competitive rates. Forum Mortgage Corp was founded in 1998 by Peter A. Mihopoulos.
In January of 2000, Forum Mortgage Corp merged with Bjv financial to form forum mortgage Bancorp. They are currently licensed in Illinois, Minnesota, Wisconsin and Indiana. Forum Mortgage Bancorp will soon be licensed in Michigan as well.
At Forum Mortgage Bancorp they believe that in understanding and satisfying the financial needs of their clients they are creating a significant value for them as well as creating rewarding experiences for their company. The success of their clients defines the success of their company.
Forum Mortgage Bancorp also has an experienced commercial loan department, which assist clients with packaging and placing commercial loans. They offer the following programs and services in commercial mortgage financing multi apartment building mortgages, mixed use property mortgages, restaurant, and bar mortgages, motel and hotel mortgages and guaranteed loans.
Debt consolidation loans, forum mortgage Bancorp also offers a wide array of debt consolidation solutions to help you pay off expensive credit cards or other loans cash out re finances, second mortgages and home equity lines of credit. The Company main mission is to provide consistent and predictable growth to their organization by delivering reliable and exceptional services to their clients.
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