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Home > Financial Services > Mortgage Brokers > PAL Financial Corporation
PAL Financial Corporation
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.
PAL Financial Corp. is a privately held corporation employing some of the most experienced and knowledgeable staff in New England. With a clear understanding of the market, they are able to work closely with their clients to meet their needs. They have been able to make loans on certain types of property that may have been excluded by other lenders; including multi-family homes, condos with high investor concentration, mix use properties, rehab and construction, and homes in foreclosure and commercial properties.
Some of the programs available are 100 percent financing programs, FHA and VA mortgages, first & second mortgages, equity lines of credit, construction loans, foreclosure programs, investment & commercial loans, residential & multi-family properties, bankruptcy programs, and no income or asset programs. They can help you find the program that is right for you their highly qualified staff can help find the loan program that is right for you whether you have good, bad, or no credit.
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.
They are committed to putting you in the loan that fits your individual needs. Through the process they take you through your application, pull your credit bureau report at the same time, getting you pre-approved for your loan.
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