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J.C. Marshall Financial Services




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.
 
J.C. Marshall Financial Services was formed in 1989 by Joseph C. Tuck Marshall to serve the diverse needs of clients throughout the United States. As a 25 year veteran of the real estate, development, financing, and insurance fields, Tuck realized the need for a mortgage services company that could seamlessly dovetail all the services that can be associated with purchasing real estate. In addition to J.C. Marshall Financial Services,Tuck is also the president of Margo Financial Services, a joint venture with Agro Federal Savings Bank in Summit, Illinois. Margo Financial provides wholesale lending ability to J.C. Marshall, creating one seamless link between you the customer, the mortgage company, and the actual lending institution.
 
Lenders won't let you close on your home loan if you don't have hazard insurance to cover your home and your personal property against losses from fire, theft, bad weather and other causes. The insurance amount is collected and paid much like the taxes. Each month 1/12th of the insurance bill is collected and stored in an escrow account until the bill is due. Even if you pay cash for your home, it is a good idea to buy hazard insurance in the event your home is damaged or destroyed.
 
As a company, J.C. Marshall has a collective total of over 100 years of experience in mortgage services. Using powerful tools such as automated underwriting, dozens of lending institutions and special programs, friendly, close knit staff work with nothing but the customer in mind. In fact, over 70 percent of all their new business comes from referrals from customers throughout the Midwest, a fact that all of them at the company are quite proud of.
 

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