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McCue Mortgage Co.


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.
 
The McCue Mortgage Company was founded in 1949 by William D. McCue. During the 1950s, the company established its correspondent relationships with John Hancock Mutual Life Insurance Company and New York Life Insurance Company. McCue Mortgage served as a seller and servicer for these two insurance giants.  McCue Mortgage caters to the needs of all mortgage borrowers, providing FHA, VA, CHFA, conventional, refinancing, adjustable rate and jumbo loans. The Company closes over $500 million in loans annually, making it one of the largest mortgage lenders in Connecticut. McCue Mortgage is recognized for its exceptional customer service and prides itself on going the extra mile for its customers.
 
The Company offers conventional loans that are probably the most popular loan of all and are used to purchase or refinance single family houses, 2-4 family houses, condominiums, planned unit developments and vacation homes. They are generally available in 10 to 40 year terms. As opposed to an FHA or VA loan, a conventional mortgage is not insured or guaranteed by the federal government. They also provide Adjustable rate mortgage with an interest rate that changes over time based on an index. There are many types of adjustable rate mortgages. Generally speaking, the perception is that over an extended period of time ARM loans will have lower interest expenses than fixed rate loans. To get this benefit you must be willing to live with both changes up and down in your interest rate and your payment. If you can live with the uncertainty, then there is a good chance that you can save on your interest expense.
 
The McCue Mortgage Company has highly experienced loan officers and staff who all have just one goal: to make financing or refinancing your home as fast, simple, secure, and inexpensive as possible.
 

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