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MBW Mortgage Group

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.

MBW Mortgage Group is owned by Michael P. Blessington and Michael T. Williams. They are a small mortgage firm based in rural southern Chester County. With 12 years of mortgage experience they can get you the best mortgage available. They believe in meeting all of their customers in person during the transaction to give people a sense of comfort in who they are doing business with. As a mortgage broker they have access to numerous types of loan products offered to them by several banks and lenders. This gives them the opportunity to shop each potential client’s loan around ensuring the most competitive rates and terms available today.

Regardless of a customer's credit profile they can help with a new home purchase or a refinance. Many of their lenders specialize in working with people who have had a bankruptcy, late payments, or collection accounts. Often times these types of situations just require a little more effort to get a good deal done.

The company will evaluate your past credit history and verify with you what they find on your credit report. From that point they will work with you to clear up any issues that need to be resolved and confirm with their lender what type of financing they can offer you. Do not let some past credit issues prevent you from pursuing a new home purchase or refinance.

The Company is a fully licensed mortgage broker offering real estate financing for new home. If purchasing a home MBW will give you a free preapproval for you to take house hunting. If you are looking to refinance they will give you a written good faith estimate detailing the new mortgage rate, terms and potential closing costs involved. There are never any upfront fees paid to their company to give a client this necessary information.

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