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Designated Mortgage, Inc.




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.
 
Designated Mortgage, Inc is a company that prides itself in making mortgages easy. Over 90 percent of their business comes from referrals by their satisfied customers. They do not have to search for customers because the customer himself is interested in their product.
 
Designated Mortgage 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.
 
The Company never puts you in loans that don't make sense. They are committed to place you in the loan that fits your individual needs. In privacy policy the company also collects nonpublic personal information about you from your application or other forms, information about your transaction with them or others, and also from a consumer reporting agency. Through the process they take your application, pull your credit bureau report at the same time, getting you pre approved for your loan.
 
Since they know your time is valuable, they will streamline the process; they will call and discuss your options with you. The Company won't put you in a loan that will cost you more money in the long run, or does not make financial sense. They also deliver all loan disclosures to you within three business days.

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