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Home > Financial Services > Mortgage Brokers > Impact Mortgage Network, Inc.
Impact Mortgage Network, 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.
Impact Mortgage Network is a mortgage lending institution that prides itself in providing high quality financial services to the public. It is their mission to provide high quality mortgage programs at the most competitive rates in the nation. Their home loan programs include purchase, refinance, debt consolidation, home equity loans, second mortgages, construction loans, and home improvement loans tailored to your unique situation.
The Company offers loan program like Refinance, Purchase, First Time Buyers, Second Mortgages, Debt Consolidation, Construction Loans, Zero down Loans, FHA and VA Loans. The Company also offers loan products which benefits the customers more like 100 percent Financing, Full Doc and Stated Income, Fixed Rate Mortgages, Adjustable Rate Mortgages, Types of Standard ARMs, Introductory Rate ARMs, Reverse Mortgages, Balloon Mortgages and many more.
The firm 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. Their staff of mortgage service professionals makes themselves accessible to clients around the clock and strives to obtain the best mortgage loan package no matter what the situation.
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