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Meadow Lake 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.
 
The Firm also 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 firm 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 mortgage professionals give you the personal attention you deserve and treat you with the respect due a valued customer. They understand you're making a commitment in buying a new home, refinancing and mortgage or cashing out your home equity. So they make a commitment to you. They will help you qualify, apply and be approved for the right mortgage loan for you.
 
They get your permission to run your credit score. When they review all this information they give you a Pre-Qualification Letter. Your realty agent and the seller's will work together to designate an escrow/title company to handle the funding of your loan once it's approved. They'll coordinate with the escrow company to make sure all the papers your lender will need are in order, and you'll sign everything at the escrow/title company's office. 

 The firm 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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