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Home > Financial Services > Mortgage Brokers > Broker's Home LLC
Broker's Home LLC
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.
Broker's Home LLC is a mortgage broker. They offer different loans such as Jumbo Loans, High Debt Ratio Loans, 2nd Mortgage Loans, Construction Loans, Investor Loans and many more. Jumbo Loan Offers 30 and 15 year fixed rate mortgage and competitive ARM products with full document, alternate documentation and limited documentation. Cash out and No cash out refinance are allowable. Single family detached and single-family second homes can be financed with no prepayment penalty. In High Debt Ratio Loans a ratio of monthly bills to monthly income higher than 50 percent is considered a high debt ratio. Loan programs are available for borrowers in this situation, allowing them to finance the purchase of a home or property. Second Mortgage Loans are Subordinate to the first mortgages. These loans offer the borrower the ability to get money for home improvement, debt consolidation or many other reasons without disturbing their first mortgage. Convenient when you have a low interest first mortgage.
Building a new home can be an exciting prospect - unless you get caught up in a construction loan approval process that's overly complicated and time consuming. With this loan we will finance up to 90 percent of the cost of land plus the costs of construction. Investor Loans are used to finance 1-4 family properties that will be for investment with as little as a 10 percent down payment. Aggressively priced these programs have many variations such as No Doc, Limited Doc and Full Doc. Program may not be available in some states.
Brokers Home mission is to set a high standard in the mortgage industry. They are committed to quality customer service - putting the people they serve first. The Company will always adhere to the highest degree of integrity in all of business dealings.
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