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Home > Financial Services > Mortgage Brokers > FirstLine Mobility
FirstLine Mobility
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.
The Firstline counselor’s objective is to minimize expense and stress for both Corporate Client and the Employee. For the Employee, their concerns are many. Can they afford to accept the relocation. The staff of Firstline is dedicated to resolve all issues for the employee and the family. The Relocation Consultant conducts the orchestration of services. The Relocation Consultant is the single point of responsibility accessible seven days a week. Whenever a face-to-face meeting is not practicable, Firstline utilizes its pioneering video conferencing consultation for relocation services. Orientation sessions with the transferee can be conducted via video conferencing to establish greater rapport and trust with the transferee undertaking the relocation process.
Simply put, mortgage insurance protects the mortgage company against financial loss if a homeowner stops making mortgage payments. Mortgage companies usually require insurance on low down payment loans for protection in the event that the homeowner fails to make his or her payments. When a homeowner fails to make the mortgage payments, a default occurs and the home goes into foreclosure. Both the homeowner and the mortgage insurer lose in a foreclosure. The homeowner loses the house and all of the money put into it. The mortgage insurer will then have to pay the mortgage company's claim on the defaulted loan.
Total Relocation Management helps companies deal with the complexities, time demands, and expense of relocating Employees. Benefits of a dedicated relocation staff are delivered without the cost. This can be in your office or theirs, full or part time, your choice of relocation service providers, or theirs. You control the level of services and support required.
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