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Home > Financial Services > Mortgage Brokers > Sentrust Mortgage, LLC
Sentrust Mortgage, LLC
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.
Obtaining a mortgage loan is a complex process that goes far beyond being quoted a great rate. After all, how much is that initial quote is really worth if it takes months to close your loan, the closing costs are twice as much as you were initially promised, your house value has been underestimated and that loan officer that has quoted you the rate is no longer returning your calls.
Now imagine taking control of the investment you're making in your home and a mortgage company that provides you with the information and guidance to make this possible. At Sentrust Mortgage their business philosophy is based on three cornerstones: access to competitive and innovation loan products, expertise in the local real estate and home financing markets Maryland, Virginia and Washington, DC, personalized service and the best rates.
The fact is though any mortgage representative can talk about a low mortgage rate, not every homebuyer or homeowner will qualify for this rate. The mortgage loan qualification is a complex process that usually includes several variables such as your credit history, your earning power, the amount of equity in your home, loan type and term.
The Company does not simply quote you the rate without first discussing your needs and your financial situation. They will then works to pre qualify you for the most competitive rates available for the homeowner in your situation. Often, they will offer you several different loans scenarios allowing you, their client, to decide which loan suits your needs the best.
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