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Home > Financial Services > Mortgage Brokers > Apple Mortgage Lending
Apple Mortgage Lending
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.
Apple Mortgage Lending 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.
Apple Mortgage Lending is a full service mortgage loan lender dedicated to providing first class service to every client. Their goal is to rise above their competition by honoring their commitment to manage the complicated web of products and information originated in every mortgage loan.
The company provides trusted advice and mortgage lending services for conventional loans. Apple Mortgage Lending will provide competitive customized lending options to mortgage clients, utilizing superior technology and consultative customer service that is second to none.
Adjustable Rate Mortgage a mortgage in which the lender adjusts the interest rate periodically according to a specified index. Annual Percentage Rate a term used in a truth in lending act to represent the percentage relationship of the total finance charge to the amount of the loan. The Annual Percentage Rate reflects the cost of your mortgage loan as a yearly rate. It may be higher than the interest rate stated on the note because it includes, in addition to the interest rate, points and fees paid by the borrower.
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