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Home > Financial Services > Mortgage Brokers > Mendocino Mortgage
Mendocino Mortgage
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 that 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 that is usually a percentage of the loan or property amount.
When the home is complete, your construction loan is modified into a permanent Cal Vet 30 year mortgage. And, you do not need to be a California veteran to qualify for this type of financing. Mendocino Mortgage is Certified Cal Vet Mortgage Broker and will guide you through the construction loan process from beginning to end.
They believe their job is to provide you, the consumer, with the information needed to make the important and necessary decisions. They have much experience with vacation home purchases and refinances. They also work with many self employed borrowers and entrepreneurs. Mendocino Mortgage Loan Process consists of organizing your documents. Mendocino Mortgage Loan Programs include Fixed Rate Mortgages, Adjustable Rate Mortgages, Balloon Mortgages, and Home Equity Fixed Loan.
The firm 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.
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