|
|
 |
| |
|
Home > Financial Services > Mortgage Brokers > Original Mortgage Source, Llc
Original Mortgage Source, Llc
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.
Original Mortgage Source has been satisfying homeowners and home purchasers for years.They offer several no down payment programs depending on your credit and income. They also have a 100% program for borrowers that have good credit and employment histories, but have no money down for their down payment. In some cases, the closing costs can be included in the loan amount and there is no mortgage insurance.
Their Company has programs for borrowers who wish to keep their first mortgage in place and use their equity for debt consolidations, purchase other properties, or home improvements, etc. Some programs allow up to 100% combined to appraised value. They offer many programs to the investment buyer that wants to put the least amount down.
Typically these programs differ from a conforming loan in that a slightly higher interest rate is charged. Depending on your credit and income they may be able to offer 100% financing. Many programs are available to reduce your present mortgage interest rate with little or no out-of-pocket cash. They use up to 100% of the appraised value of your property for some programs.
Their Company offers purchase, cash-out and debt consolidation programs to borrowers that have slow credit, high ratio borrowers, or properties that do not conform to Fannie Mae guidelines. Typically these loans carry a higher interest rate and more money down.
They look forward to servicing your needs and adding you to their elite group of satisfied customers. Their ultimate goal is to help you get what you want.
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
|
|
|
|
|
|
|