|
|
 |
| |
|
Home > Financial Services > Mortgage Brokers > Pinnacle Financial Corp.
Pinnacle Financial 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.
Headquartered in Orlando, we are one of the Nation's fastest growing independently owned mortgage lenders. Pinnacle Financial was founded in 1988 by seasoned loan originators, Doug Long and Jeff Vratanina, who were determined to create a company that offered flexibility in product offerings and a proactive approach to customer service.
They regularly serve a wide diversity of customers and have put together a common sense menu to meet their varied requirements. Whether you're relocating, refinancing or building your dream home, they've got your financial solutions. Balloon mortgages typically have a 30 year term with a balloon payment required after five or seven years.
Conforming loans are those that meet guidelines established by the Federal National Mortgage Association and the Federal Home Loan Mortgage Corporation. Interest rates for conforming mortgages are generally less than those for non conforming, or jumbo, mortgages. Jumbo, or non-conforming, mortgages have loan amounts that exceed the limits established by Fannie Mae and Freddie Mac. This is a 100 percent financing program specifically for the nation's teachers, firefighters and police force. The homebuyer must contribute the lesser of 1 percent of the sales price or $500 and the rest of the required funds to close may come from a gift, grant or loan. The maximum household income may not exceed 100 percent of the area's median income and Homebuyer Education Counseling is required.
The company concentrates on doing one thing and doing it well financing homes for their customers. As a direct lender, they use their own resources to process, underwrite and fund all of their home loans no middleman to slow down the process. This gives control and decision making capability to each of their offices. Which means, fast, efficient and affordable financing for you.
Financial Services Companies
all are here at FinancialBrowsers.com Permission is granted to reproduce this article as long as the above resource paragraph is left intact with active links.
Back to Mortgage Brokers
|
|
|
|
|
|
|