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Home > Financial Services > Mortgage Brokers > Mortgage Partners
Mortgage Partners
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.
Mortgage Partners is dedicated to provide the best rates available when you are buying home and their process is also very simple and easy. At Mortgage Partners, They specialize in putting loan packages together for everyone. Whether a first time buyer or investor.
Mortgage Partners was founded in 1994 by Michael Dionne and David Wilder, two guys in one room. They now have eight offices and about 200 employees. In 2003 they provided homeowners with approximately 7000 real estate loans. Their goal is to provide a wide variety of mortgage loan programs so that their customers can choose the financing package that is right for them, while maintaining a reputation for honesty and integrity in the communities where they lend.
This company provides Fixed Rate Mortgages; which is divided in to two types. First one is 30 Year Fixed which is also known as the grand daddy of all loans. The rate and payment are fixed for 30 years and the loan pays itself back over a 30 year period. Second type is 20 Year Fixed and 15 Year Fixed. The two loans are very similar in concept. Both loans have a fixed interstate for the life of the loan and amortize over 20 and 15 year periods respectively. They also provide adjustable rate Mortgage. This divided in to Short Term Adjustable, 1 and 3 Year Adjustable Rate Mortgages and Long Term Adjustable, 5, 7, 10 Year Adjustable Rate Mortgages.
They are dedicated to providing excellent service to their customers, striving to earn repeated business referrals from their many satisfied mortgage applicants. The Company believes a mortgage is the most rewarding investment made over a lifetime of important financial decisions.
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