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Home > Financial Services > Mortgage Brokers > The Midwest Financial Group, Inc.
The Midwest Financial Group, Inc.
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.
The Midwest Financial Group, Inc., an Illinois Residential Mortgage Licensee, began operation in January, 1993 in the town of Barrington, Illinois. Since the time of its existence, it has originated over a half billion dollars in home mortgages. The company prides itself on customer satisfaction, giving the best value possible to its clients. The company is dedicated to giving its customers more value than their competitors.
The company offers 1st mortgages and 2nd mortgages for people with good credit and not so good credit. They pride themselves on competitive rates and excellent service. The Midwest Financial Group, Inc., an Illinois Residential Mortgage Licensee, brokers mortgage loans to numerous banks in the U.S. The company has a wide variety of products and services. They offer both conventional and unconventional loan scenarios with good and less than perfect credit. The Midwest Financial Group, Inc. will help you through the process by giving you various options to manage your mortgage needs. You will be able to choose from adjustable rate mortgages, fixed rate mortgages, and other more creative programs.
All loan programs are restricted to certain terms and conditions. Approvals are often subject to income, cash reserves, minimum down payment, credit history, job history, property type, property value, and other requirements depending on the specific program and lender.
The Midwest Financial Group, Inc. assures to help you receive value in the home mortgage process by giving you a variety of choices, low rates, and professional service.
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