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Home > Financial Services > Mortgage Brokers > DuPage Mortgage Corp.
DuPage Mortgage Corp.
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.
DuPage Mortgage Corp. is committed to helping you find the right mortgage product for your needs. They understand that every borrower is different and offer a variety of products to meet your individual requirements. They make the process of securing a mortgage simple and straightforward. They providing some calculators like in Monthly Payment Calculates your payment for different loan amounts, interest rates, and amortization terms. Payment Schedule calculates the breakdown of principal and interest payments in a yearly or monthly format. Etc. The Company also offers loans on Fixed Rate Loans Stability of fixed principal/interest payment over the life of the loan. Advantages are Monthly principal and interest payments are fixed over life of loan, Interest rate does not change etc. In Adjustable Rate Mortgages If you plan to move or refinance again in a few years and want the security of a fixed rate for that period of time and Advantages Lower initial monthly payment, Lower payment over shorter period of time Rates and payments may go down if rates improve etc.
DuPage Mortgage Corp. is dedicated to their mission to increase the percentage of homeownership by providing affordable and competitive financing to families irrespective of their credit quality without regard to their sex, marital status, and national origin. Through the use of technology, customer service and effective time management their endeavor to deliver to the client a mortgage at a lower cost. It is their goal to provide a mortgage to the client that meets their needs and is within their financial ability.
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