|
|
 |
| |
|
Home > Financial Services > Mortgage Brokers > Olde South Mortgage Corp.
Olde South Mortgage Corp.
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.
Olde South Mortgage Group works with a large number of mortgage providers. Each of these providers offers an array of products, many of which are unique and perfectly suited to borrowers with special considerations. They keep track of emerging trends in the mortgage industry in order to be able to find you just the right mortgage.
The most common loan, the 30 year fixed rate is ideal if you plan on keeping the loan for 10 or more years. The interest rate and payment stay the same for the life of the loan and it self-amortizes to a zero balance at the end of its term.
The 20 Year Fixed Rate is much like the 30 Year if you plan on keeping the loan for 10 or more years. The interest rate and payment stay the same for the life of the loan, it also self amortizes to a zero balance at the end of its term.
Their loan programs are Fixed Rate Mortgages, Adjustable Rate Mortgages, Balloon Mortgages, First Time Buyer Programs, Stated Income Programs, No point, No fee Programs, Imperfect Credit Programs, Home Equity Line of Credit, Home Equity Fixed Loan etc. their loan process Organize your documents, Get Qualified, Shop loan programs and rates, Obtain Loan Approval, and Close the Loan.
Company 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.
Financial Services Companies
all are here at FinancialBrowsers.com Permission is granted to reproduce this article as long as the above resource paragraph is left intact with active links.
Back to Mortgage Brokers
|
|
|
|
|
|
|