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PowerHouse Mortgage


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.
 
A strong and genuine belief in the customer for life principal of doing business is what fuels this company. Referrals from previous customers and local real estate professionals have always delivered the majority of the Company's production.
 
They use the most advanced technology available to close loans quickly, at a low cost. By combining the use of the Internet along with advanced processing software and automated underwriting systems they have taken the mystery out of approving and closing a home loan. They provide loan programs, adjustable rate mortgages, and balloon mortgages.
 
Their Property Value Estimator will give you detailed property information along with a value for the property and a range based on comparables in the areas. Their product is designed for existing residential properties from single family homes to high rise condominiums. Reports will not be available for new construction, multi-family or mobile homes.
 
Their Home Price Report will give you detailed property information, up to 30 comparable sales, street map, and detailed information about the neighborhood including demographics, school reports, and local business information.
 
The Company is exceptionally proficient at grabbing promising opportunities. The Company continues to expand its horizons in finance setting standards of excellence in multiple fields and transforming promise and potential into economic realty.

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