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Home > Financial Services > Mortgage Brokers > Wahoo Mortgage Company
Wahoo Mortgage Company
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.
Their professionals find the mortgage loan that best fits your needs, too. Less paperwork and more personal attention means you enter a frustration-free zone from application to decision. When they pre-qualify you, they help you determine how much of a monthly mortgage payment you can afford, and how much they can loan you.
They do this by considering your income and debts, your employment and residence situations, your available funds for down payment and required reserves, and some other things. There are four main steps involved in getting a loan. You will see that they have made your part in them as easy as possible, and they do all the work.
They give their clients all types of loan programs and Insurance services. The important insurance service is Title insurance. Title insurance is usually required by the lender to protect the lender against loss resulting from claims by others against your new home. In some states, attorneys offer title insurance as part of their services in examining title and providing a title opinion. The attorney's fee may include the title insurance premium. In other states, a title insurance company or title agent directly provides the title insurance.
Wade Financial Services believes a mortgage is a promise, one that can build a solid and trusting relationship for the term of your loan. 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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