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Home > Financial Services > Mortgage Brokers > Seminole Moneytree
Seminole Moneytree
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.
Seminole Moneytree was incorporated in Lake Mary, Florida. The company has been located in Lake Mary where it has been servicing its clients throughout Central Florida and the state since 1986. In April 1992, the company was purchased by Louis J. Di Paolo. He now presides as President and Chief Executive Officer.
Seminole Moneytree is the oldest licensed mortgage correspondent lender in the Lake Mary area and a member of both the Florida Association of Mortgage Brokers and the National Associtation of Mortgage Brokers.
Some of their most popular loan programs are first or second combination mortgages without Private Mortgage Insurance and refinances to lower your rateor consolidate your high rate credit cards. Well diversified and educated staff with lending experienceas both bankers and mortgage professionals allows Seminole Moneytree to analyze, process, package, and arrange loans in an expeditious manner for their clients. Theyprovide services and products specifically designed to meet and exceed all needs of their customers.
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