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Home > Financial Services > Mortgage Brokers > P & D Mortgage Company
P & D Mortgage Company
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.
P & D Mortgage Company has been a member of this Better Business Bureau since June 2004. This means it supports the Bureau's services to the public and meets our membership standards. This company participates in the BBB Membership Identification Program. This means the company has agreed to use special procedures including mediation and arbitration if necessary to resolve complaints.
This company has a satisfactory record with the Bureau. The Bureau has processed no customer complaints on this company in its three-year reporting period.
The Company assists you through six basic steps in procuring a loan for buying a house or renovation of your home. The six steps are; 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.
To have a Satisfactory Record with the Bureau, a company must be in business for at least 12 months, properly and promptly address matters referred to it by the Bureau, and be free from an unusual volume or pattern of complaints and law enforcement action involving its marketplace conduct. In addition, the Bureau must have a clear understanding of the company's business and no concerns about its industry.
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