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Home > Financial Services > Mortgage Brokers > Alexander Lending, Inc.
Alexander Lending, 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.
Alexander Lending offers services such as Purchase, Refinance, Construction loans, Debt Consolidation Loans, Home Improvement, Investment Properties, Home Equity Loans, Stated Income Loans, and Damaged Credit Loans.
The Company also offers High Debt Ratio Loans, 2nd Mortgage Loans, Flex 97 Loans, VA Mortgages, Investor Loans , No Income Verification, Conventional loans, Credit Problems, No Down Payment, 103 percent Purchase, 80/15/5, Jumbo Loans, and A to D Loans.
Loans where your income is not requested or verified with as little as 10 percent down are stated income loans. There are several varieties of the no-doc loan today. The type of loan that is best suited for a particular borrower depends on that borrower's situation. Some borrowers choose not to disclose employment, income, or asset information, while others may be willing to disclose employment and asset information but not income. Still others might be willing to disclose income but select a program that doesn't calculate debt to income ratios, allowing those borrowers to exceed the traditional guidelines in order to qualify for a larger mortgage amount. With all the different variations of the no doc loan, there is definitely a mortgage program for today's non conventional borrowers.
Company assists you through six basic steps in procuring a loan for buying a house or renovation of your home. The six steps are 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.
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