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Home > Financial Services > Mortgage Brokers > Pillar Financial L.L.C.
Pillar Financial L.L.C.
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.
Pillar Financial is a full service mortgage broker staffed by their professionals with an average of 10 years experience, specializing in all types of mortgage lending that include purchases, refinances, 2nd mortgages, equity lines and all types of bruised credit situations including bankruptcy and foreclosures. Their company is known for its direct approach, low fees, and fast cooperative service.
Approvals in less than 24 hours, with closings in less than 10 days, providing the lowest rates available, All loan products available are conventional, FHA, VA, fixed, ARMS, balloons, jumbos, along with many portfolio and non-conforming products which allow loans for all types of borrowers.
The firm can assist 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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