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Home > Financial Services > Mortgage Brokers > United Funding Corp.
United Funding 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.
This ability to provide them customers with the highest level of service is enhanced by the use of Technology. United Funding Corp. utilizes the most advanced loan processing and automated underwriting software systems offered by Fannie Mae, Freddie Mac, MGIC and other respected portfolio lenders. United funding corp. has partnered with several National Lenders that offer loan programs for borrowers that meet traditional lending guidelines. Since all borrowers do not fit into these guidelines they’ve built relationships with some of the largest Alternate Lenders which offer a variety of flexible lending programs that can meet the needs of almost any borrower looking to purchase almost any property type.
Usually people refinance to save money, either by obtaining a lower interest rate or by reducing the term of the loan. Refinancing is also a way to convert an adjustable loan to a fixed loan or to consolidate debts. The decision to refinance can be difficult, since there are several reasons to refinance. However, if you are looking to save money, try this calculation: Calculate the total cost of the refinance . Calculate the monthly savings. Divide the total cost of the refinance number1 by the monthly savings number2. This is the break even time. If you own the house longer than this, you will save money by refinancing.
By putting you first, they assure you a pleasurable transaction. They will also prepare a personalized mortgage quote for the home mortgage program of your choice. They are dedicated to providing unmatched customer service and financing expertise to the borrowers that they serve. Their staff of experienced loan officers is committed to ensuring that your home buying and/or home financing experience are enjoyable and hassle free. They will provide you with several loan options that will help you make an informed decision.
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