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Option One Mortgage Corp.




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.
 
Option One Mortgage was founded in 1992 with the goal of championing home ownership for Middle America by offering credit to millions of Americans who were not being served by traditional banks. They were one of the first companies to specialize in non-prime lending and servicing.
 
Since they were founded, they have funded over $91 billion in residential mortgages and have helped 688,000 Americans achieve their dream of homeownership. Along the way, they have developed a reputation as a leading service of loans and the lender of choice to some of their nation’s largest financial institutions and mortgage brokers.

More than 29 million veterans and service personnel are eligible for VA financing. Even though many veterans have already used their loan benefits, it may be possible for them to buy homes again with VA financing using remaining or restored loan entitlement. If you need to borrow money, home equity lines may be one useful source of credit. Initially at least, they may provide you with large amounts of cash at relatively low interest rates and they may provide you with certain tax advantages unavailable with other kinds of loans.

The firm provides ongoing skills-development and leadership training for their associates through their own training department, and they promote life-long learning through outside training and tuition reimbursement. Their mission is to provide quality financial products and services that create value by achieving superior customer satisfaction and sustainable financial returns in a challenging and rewarding environment for their associates.

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