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Home > Financial Services > Mortgage Brokers > BWA Mortgage
BWA Mortgage
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.
A strong and genuine belief in the customer for life principal of doing business is what fuels this company. Referrals from previous customers and local real estate professionals have always delivered the majority of the Company's production. They use the most advanced technology available to close loans quickly, at a low cost. By combining the use of the Internet along with advanced processing software and automated underwriting systems they have taken the mystery out of approving and closing a home loan.
The fixed rate mortgages gives you the advantages like monthly payments are fixed over the life of the loan, Interest rate does not change, Protected if rates go up, can refinance if rates go down. The imperfect credit programs are Potential for reestablishing credit if you pay your mortgage on time. When used for debt consolidation, you may be able to reduce your monthly debt payment.
BWA Mortgage offers you 6 calculators to help you answer important financing questions. There are a number of ways to approach an affordability analysis, and these calculators allow you to assess the effects of different variables when buying a home. If you plan to sell the house in a few years you may want to consider an adjustable or balloon loan. On the other hand, if you plan to keep the house for a longer time, you may want to look at fixed loans.
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