|
|
 |
| |
|
Home > Financial Services > Mortgage Brokers > Kings Mortgage Services, Inc.
Kings Mortgage Services, 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.
Kings Mortgage Services is a full-service Mortgage Broker servicing all of Kings, Tulare, and Fresno Counties in California. They have many investors and loan products to suit your needs and are able to shop around to find you the most competitive interest rates and loan products available today.
Company provides Balloon Mortgages which are fixed for either 5 or 7 years then become all due and payable, at which time you must pay off the loan, refinance or exercise the conversion option, if offered, to convert the term to 30 years. Advantages of it are stability of low fixed rate for a short time, and lower initial monthly payment.
They provide refinancing services to lower your monthly payment, cut the life of your loan in half, without a significant increase in your payment, switch from an ARM to a fixed rate and take the surprise out of your mortgage, get rid of that balloon payment that is hanging over your head, use your rising equity to consolidate monthly bills and improve your family budget, and take cash out for the pool, vacation, or college education you have been dreaming about.
Company 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.
Financial Services Companies
all are here at FinancialBrowsers.com Permission is granted to reproduce this article as long as the above resource paragraph is left intact with active links.
Back to Mortgage Brokers
|
|
|
|
|
|
|