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Home > Financial Services > Mortgage Brokers > MIDWEST MORTGAGE INVESTMENTS, LTD.
MIDWEST MORTGAGE INVESTMENTS, LTD.
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 which 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 which is usually a percentage of the loan or property amount.
Since opening their doors, the firm has established a strong reputation for its vast range of financial options. They offer up to 104 percent financing for home purchases. They are also known for their no owner occupied programs that include low rate financing up to 90 percent of the purchase price. Most local lenders cannot offer such an aggressive package for investment properties. They also offer blanket loans, Option Arms, and Stated Income loans for investment property financing. Due to the large number of lenders the firm works with, competitive rates and costs are offered to the borrower since the firm does the shopping for the consumer. Numerous conventional mortgage programs are available. First time homebuyer programs are popular allowing borrowers with little or no money down to be approved for financing. Those with bruised credit histories can also obtain financing through their sub prime lending programs. This includes individuals with bankruptcies, foreclosures, collections, judgments, and slow pays on installment & revolving accounts.
The firm offers government financing and has been very successful placing many homeowners into this type of loan rather than the alternative high interest rate and high down payment type of financing. Their loan officers are knowledgeable about the mortgage industry due to their customer focus, experience and training. Each loan officer is equipped to answer any questions and complete a loan package for potential borrowers. Their support staff is also extremely impressive. All processors have a minimum of 5 years experience and effectively close loans in a timely and efficient matter. Their loan programs are Zero Down, Option Arm Programs, FHA, VA, Less than Perfect and Bruised Credit, Investment Property, Jumbo Loans, Commercial Loans and much more.
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