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Home > Financial Services > Mortgage Brokers > Magic Funding Group Inc.
Magic Funding Group 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.
Magic Funding Group strives to enrich and fulfill lives by serving their customers, communities, and country. Turning dreams into reality with homeownership. Their goal to form and maintain long-term partnerships with businesses and the community is the single most important factor to their success. They will accomplish this by treating their colleagues and customers the way they themselves would like to be treated. They believe that success is finding the right partner and keeping.
Commercial lending can be complicated, time consuming and very frustrating. However, their experienced staff has simplified the process and walks you through each step from start to finish. Below are just the types of loans and real estate transactions they provide to qualified borrowers. Types of loans that company offers within commercial lending areFirst Mortgage, Second Mortgage, Mezzanine Financing, Bridge Loans, Hard Money, Small Business Administration SBA, and Joint Venture Funding. The Group has over 50 lenders for condo hotels and convertion codels for qualified borrowers.
The 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.
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