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Home > Financial Services > Mortgage Brokers > Lendarm Inc.
Lendarm Inc.
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.
At Lendarm they understand the hassles and frustrations involved with shopping for mortgages. They are committed to open an effective communication throughout the loan process. They provide the best programs, pricing and service to their clients, delivered in a professional, yet straightforward manner.
Their combined knowledge and expertise provides the most convenient service to customers in the search for competitive mortgage rates at no cost, commitment or obligation to you. Lendarm offers the best rates available. They have arranged a construction loan and permanent financing for their clients. They are knowledgeable, provide prompt answers and make the process simple for the customer.
Adjustable Rate Mortgages also known as ARM, provide loans whose interest rate can vary during the loan's term. These loans usually have a fixed interest rate for an initial period of time and then can adjust based on current market conditions. The initial rate on an ARM is lower than on a fixed rate mortgage that allows you to afford and hence purchase a more expensive home.
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