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Home > Financial Services > Mortgage Brokers > New Deal Funding, Inc.
New Deal Funding, 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.
Buying a new home is a source of anxiety, frustration and a huge sense of accomplishment. They make it easy and worry free to reduce your interest rate and monthly payment. They can even help you pay down your balance more quickly for comparable monthly payment. Adrian Citroni is President of New Deal Funding, INC. The two main components of a successful deal are value for value exchange and funding. A mortgage is based on many factors such as Credit Score, Loan to Value, Delivery Time. They try home with a zero down mortgage loan. With a zero down mortgage, the amount of loan you can qualify for is determined by your ability to make your monthly payments rather than how large a down payment you have saved. The first mortgage is for 80 percent of the purchase price. The piggyback loan covers the shortfall between the purchase price and your down payment savings. They have a fixed-rate mortgage now with a higher rate, or maybe you have an adjustable rate mortgage.
New Deal Funding is dedicated to providing outstanding service in order to retain every client as a customer for life. Their mortgage professionals give you the personal attention you deserve and treat you with the respect due a valued customer. They understand you're making a commitment in buying a new home, refinancing and mortgage or cashing out your home equity.
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