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Home > Financial Services > Mortgage Brokers > Mid Cities Mortgage Corp.
Mid Cities Mortgage Corp.
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.
Mid-Cities Mortgage Corporation is a licensed mortgage lender located in Hurst, Texas. Their doors opened in April of 1994. They began modestly with only one loan officer who served the mid-cities area between Dallas and Fort Worth They provide fast, friendly and competitive loans to friends and neighbors locally and nationally. Their work ethic, knowledge, and commitment to their borrowers is unsurpassed.. Today they have a staff of 6 professional loan officers with more than 50 years of mortgage banking experience. A trained staff of four keep our new comfortable offices and your paper work running smoothly.
Mid-Cities Mortgage specializes in reverse mortgages for seniors, and commerical loans for small business. They also provide loans for first time home buyers, new home construction loans, purchases, refinances, cash out equities, and other creative programs that can fit your financial needs. They also provide Reverse Mortages, Commerical Loans for small businesses, FHA Loans, Conventional Loans, Adjustable Rate Mortgage Loans, Non Conformig Loans, and Portfolio Loans for those who may have had credit problems in the past.
Some of their partial lists of programs that they offer with a brief description of the key elements are 100percent RHCD, 97percent FNMA, Fixed Rate Home Equity Loans, Reverse Mortgage, Second Home Financing, 95% Rate or Term Refinancing, Investor/Rental Property etc.
Mid Cities Mortgage Corp. 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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