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Home > Financial Services > Mortgage Brokers > Number 1 Mortgage
Number 1 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.
They are proud to be a family owned business; they have years of experience in how to help you get the best deal on your Mortgage. They are your Residential & Commercial Mortgage Specialists. Number 1 Mortgage has over 40 Lenders and will work hard to get you the best deal possible. Free Pre Approvals, working with both Conforming & Non Confirming clients.
They are Members of the Better Business Bureau, Cedar Falls & Waterloo Chambers of Commerce and proud sponsors of their local Waterloo Bucks Baseball Club and BlackHawks Hockey team. Their Customers are very important to them; they will treat you with respect and kindness. You are the reason why they are here and able to offer you these great services.
Number 1 Mortgage 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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