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Home > Financial Services > Mortgage Brokers > CasaMax loans, Inc.
CasaMax loans, 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.
They Refinance your current mortgage has never been easier. Tapping into your home equity is easier than ever before. They have Buying a new home is a source of anxiety, frustration and a huge sense of accomplishment. There aren't quite as many loan programs as there are borrowers, but it seems like it sometimes. They'll work with you to qualify you for the best loan program to fit your needs. But there are some general considerations you can have in mind in advance.
FICO scores are used for more than just determining whether or not you qualify for a mortgage. Higher scores indicate you are a better credit risk, and thus may qualify for a better mortgage rate. The most widely used credit scores are FICO scores, which were developed by Fair Isaac & Company, Inc. and they're named after their inventor. Your FICO score is between 350 high risks and 850 low risks. Credit scores only consider the information contained in your credit profile. They do not consider your income, savings, down payment amount, or demographic factors like gender, race, nationality or marital status. In fact, the fact they don't consider demographic factors is why they were invented in the first place. Credit scoring was developed as a way to consider only what was relevant to somebody's willingness to repay a loan.
Past delinquencies, derogatory payment behavior, current debt level, length of credit history, types of credit and number of inquiries are all considered in credit scores. Your score considers both positive and negative information in your credit report. Late payments will lower your score, but establishing or reestablishing a good track record of making payments on time will raise your score.
The company is committed to putting you in the loan that fits your individual needs. Through the process they take you through your application, pull your credit bureau report at the same time, getting you pre-approved for your loan.
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