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Feltis Mortgage Corp.




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.
 
Feltis Mortgage Corp is committed to helping you find the right mortgage product for your needs. They understand that every borrower is different, and they offer a variety of products to meet your individual requirements. They make the process of securing a mortgage simple and straightforward by offering you the latest financial tools that enables you to make sound financial choices.
 
Feltis Mortgage Corp offers a variety of loan programs to meet your needs. They work with the leading lenders in the industry to provide Conforming, Non Conforming, Construction Permanent loans, Foreign National loans, Sub Prime, Interest only, stated income, Limited Documentation, No Documentation, Jumbo Loans, Equity Lines, and even Commercial Loans.

The conforming loan is eligible to borrowers with a credit score of 620 or higher. This loan allows the best rates available for fixed rate and adjustable rate mortgages. The Adjustable Rate Mortgage is designed for people to have a lower rate than a fixed rate product. The adjustment to rate after the fixed period expires and can vary depending upon the type, margin, and index tied to the particular product.

Jumbo loans are loans that are higher than 417,000 dollars. Once your loan is considered jumbo the underwriting guidelines are not the same as with conventional loans. The loan to values decreases as your loan size increases. Jumbo loans and super jumbo loans also have different rate paramaters due to the increased size of the liability put out by the lender.

Feltis Mortgage Corp give information to learn more about home loans and find the best loan options to suit your needs and goals. Through their vast experience and access to the best lenders in the nation they can offer the best rates without sacrificing the personal service that you deserve.
 

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