|
|
 |
| |
|
Home > Financial Services > Mortgage Brokers > Davidson Mortgage Services, Inc.
Davidson Mortgage Services, 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.
Davidson Mortgage Services began operations in 1992, as one of the Triad's first locally owned independent mortgage brokers. The Company is located in Lexington, North Carolina; it provides home loans for new construction, purchases and refinancing on property. As an Independent Mortgage Broker, they work with a variety of financial institutions, giving us access to more programs at lower costs. Their experienced loan officers and processors provide prompt personal service, as well as sound advice from application to loan closing.
Appraisal Fee is charged to pay an appraiser to research and assess the market value on the property on which a mortgage is being placed. This fee may be charged as part of a mortgage application fee instead of being charged separately.Courier and Messenger Feespays for overnight courier services and messenger services used to transport documents to and from the lender and to and from the local county courthouse where the deed and mortgage are recorded.Credit Report Feeis charged to pay a credit service bureau to provide the lender with a report detailing a borrower’s credit history. This fee may also be part of a mortgage application fee instead of being charged separately.
The Company 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.
Financial Services Companies
all are here at FinancialBrowsers.com Permission is granted to reproduce this article as long as the above resource paragraph is left intact with active links.
Back to Mortgage Brokers
|
|
|
|
|
|
|