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Creative Mortgage Group




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.
 
Creative Mortgage Group 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.
 
Usually a short term fixed rate loan which involves small payments for a certain period of time and one large payment for the remaining amount of the principal at a time specified in the contract. When you sell a capital asset as a profit, such as real estate, the difference between the amounts you sell it for and your basis, which is usually what you paid for it, is a capital gain. 

They pride themselves on providing superior customer service and creating satisfied customers. They work hard to satisfy the mortgage needs and exceed the expectations of their customers. From mortgage processing and underwriting, to loan closing and funding, their expert mortgage staff will efficiently expedite your entire transaction. Their customers save money and close their loans quickly because they employ the most advanced mortgage technology available.

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