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Home > Financial Services > Mortgage Brokers > Mid Atlantic Mortgage Corp.
Mid-Atlantic 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-Atlantic Mortgage Corporation is a privately held company with offices located in Virginia and Pennsylvania. They are licensed in Virginia, Pennsylvania, Maryland and West Virginia. Mid-Atlantic Mortgage maintains relationships with more than fifty different lenders throughout the United States, allowing their well-trained loan officers to search the national market of hundreds of loan programs to find the best loan for the client.
At Mid-Atlantic Mortgage, they strive to deliver the best possible service to their clients. Be it nights or weekends their loan officers work with you at your convenience. And when it comes to sign the final loan papers, your loan officer will go to a place of your choice with an independent settlement agent to make sure you're comfortable with what you're signing.
Their loan Programs include Conventional and Jumbo Loans, Sub prime Loans, Second Mortgages and Home Equity Lines of Credit, FHA Loans, VA Loans, Fixed Rate Mortgages, Adjustable Rate Mortgages, Introductory Rate ARMs, Standard ARMs and the Differences, COFI Index, Interest Only Loans, Commercial Loans.
Mid-Atlantic Mortgage Corp 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.
The Company never puts you in loans that don't make sense. If refinancing a loan will cost you more than it will save you, or if it does not make financial sense, they won't do it.
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