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Home > Financial Services > Mortgage Brokers > Funders Residential Mortgage
Funders Residential Mortgage
A Mortgage is a document that contains the details of an agreement between two parties.One of which is a borrower and the other party is a lender. The Agreement will include information like, Loan amount, Time period of the loan, Interest and the collateral on the loan which is normally the property being bought. A mortgage broker is generally a person or company whose expertise lies in the field of mortgage laws, properties available for sale, and loan procedures. They provide these services to clients for a fee which is usually a percentage of the loan or property amount.
In raising Credit scores and your equity many people have found that improving your credit score is easier than they thought, funders residential mortgage uses a rapid rescore program that has increased credit scores as much as 57 points in as little as 30 days. so call them to see just how much you can improve you credit score using their credit score simulator, however they have loan programs allowing 100percent financing with a middle score as low as 580 and cash out programs up to 65percent with No score at all.
In buying a new homemore and more people are finding the professionals at Funders Residential Mortgage have a better way to buy a home. Instead of putting a house in escrow and then looking for a loan, Funders Residential Mortgage can have you pre qualified and even lock your interest rate so that when you close escrow on your new house there are no surprises in your new monthly payment your new monthly payment will look exactly like the good faith estimate they deliver before ordering loan documents.
The Company also assists you through six basic steps in procuring a loan for buying a house or renovation of your home such as 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.
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