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Home > Financial Services > Mortgage Brokers > Home Loan Corporation
Home Loan Corporation
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.
The Company was founded in 1988. Home Loan Corporation offers home financing at competitive rates while providing their customers with superior service. They offer a full range of loan products to help their customers attain the best loan for their individual or family needs. Furthermore, they take pride in making the loan application, underwriting, and closing process a smooth and simple one for the borrower. Home Loan Corporation employs experienced and knowledgeable mortgage bankers, trained to offer expert advice and excellent customer service.
They are providing Loan Programs like as Fixed Rate Mortgages, Adjustable Rate Mortgages, Balloon Mortgages, Stated Income Programs, Home Equity Line of Credit etc. A pre qualification is not as beneficial as a pre-approval where you have to go through a more rigorous process which includes verification of your credit, income, assets and liabilities. It is highly recommended that you get pre approved before you start looking for a house. This will help you find out the maximum house you can buy, so you don't waste time looking for properties you cannot afford. Their Mortgage Company offers you 6 calculators to help you answer important financing questions. There are a number of ways to approach an affordability analysis, and these calculators allow you to assess the effects of different variables.
The Company also assists you through six basic steps in procuring a loan for buying a house or renovation of your home such as 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.
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