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Home > Financial Services > Mortgage Brokers > Direct Lending Corp.
Direct Lending 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.
Direct Lending assists you through six basic steps in procuring a loan for buying a house or renovation of your home such as getting your documents organized, convincing the loan company that you qualify for the loan, explains the best loan plans from various companies available within your budget, applies for the loan, obtains approval for the loan, and assists in closing the loan. They are professionals to find the mortgage loan that best fits your need.
They provide fixed rate loans are available in all sorts of shapes and sizes such as 30 year, 20 year, 15 year and even 10 year. Some fixed rate mortgages are called biweekly mortgages and shorten the life of loan.
The Annual Percentage Rate is a tool for comparing different loans, which will include different interest rates, different points and other terms. This is designed to represent the true cost of a loan to the borrower and expressed in the form of a yearly rate.
By putting you first, the firm assures you a pleasurable transaction. They will also prepare a personalized mortgage quote for the home mortgage program of your choice.
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