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Home > Financial Services > Mortgage Brokers > 1st Power Funding
1st Power Funding
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.
1st Power Funding assists you through six basic steps in procuring a loan for buying a house or renovation of your home. The six steps are; getting your documents organized, convincing the loan company that you qualify for the loan, explains the best loan plans from various companies available within your budget, applies for the loan, obtains approval for the loan, and assists in closing the loan.
At 1st Power Funding, their goal is to help you solve flow problems and get you the cash you need. They are licensed and certified professionals who use positive approach to provide you excellent service.
The services include, business based services which have payments to a business by another business, accounts receivable funding, and asset based credit lines, delinquent commercial debt. Insurance based paid to individuals by insurance companies are annuities, casino winnings, and lawsuit awards, personal injury claims. Consumer based are originated by a consumer and paid to a business, delinquent consumer debt, and credit card debt & charge offs, vendor paper, inheritances & trusts. Government based, paid by state or federal governments containing farm production contracts, lottery winnings. Real based, secured by tangible goods or pledged by a business include automobile note portfolios, business notes, developer paper, distressed property. Contingency based has legal ownership is a prime factor contains commercial judgments, commissions, and franchise fees.
The Group is committed to providing you quality, affordable financing alternatives. They work honesty to get you the best solution and get the most cash in your hands. Complete confidentiality is maintained. They care about you. They will stay in communication to be sure you are totally satisfied with their service.
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