Centaurus Financial - we invest in your success
CuraDebit Free Debt Analysis
  Home > Financial Services > Mortgage Brokers > Homestead Mortgage Company

Homestead Mortgage Company




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.
 
In April 1998 Homestead Mortgage Company rolled out the Flat Loan Origination Fee. They were the First Local Company to do such a thing. This Flat Fee is available on all of the residential loans they originate, a potential savings of up to 50 percent less than their competitors. This equates into hundreds if not thousands of dollars in closing cost savings to you. The company prides itself on bringing the modern technology that is now available in their industry to their clients as soon as possible. In 1997 they were asked to participate on the original pilot version of one of the most widely used underwriting platforms that most lenders or brokers use today. Their diverse knowledge of these underwriting platforms, allows them to approve more borrowers conventionally and close their loans in a shorter period of time.
 
The Company offers 30 Year Fixed Rate Conforming, 15 Year Fixed Rate Conforming, 1 Year Adjustable Conforming, 3/1 Adjustable Conforming, 5/1 Adjustable Conforming, 7 Year Balloon Conforming, 30 Year Fixed Rate Jumbo, 15 Year Fixed Rate Jumbo, 3/1 Adjustable Jumbo, 5/1 Adjustable Rate Jumbo, 30 Year Fixed FHA / VA, 3/1 Adjustable FHA / VA, 5/1 Adjustable Rate FHA / VA. 

The Company 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 by offering you the latest in financial tools that enable you to make sound financial choices.

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

 
 
Infinit-i