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Home > Financial Services > Mortgage Brokers > Seminole Funding Inc.
Seminole 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.
Seminole Funding is a Florida based Licensed Correspondent Lender approved to originate all types of Mortgage loans, to meet your needs, including, Conventional, Home Improvement Loans, Zero Down Purchase Loans, 2nd Mortgages, Construction Loans, Home Equity Lines of Credit, Debt Consolidation, Cash Out Refinances, Stated Income No Income. They have Loan Programs available to meet all Credit Grades, Including past Bankruptcy and Foreclosures.
The company accept walk in applications in the Seminole, Largo, St. Petersburg, Clearwater, Pinellas Park, and Tampa vicinity and encourage electronic communications from other areas, which are outside of Pinellas and Hillsborough County.
Besides their standard loan programs, they also have a large number of unique programs to serve your needs Purchase a house with down, Piggyback loans 80 to10. No PMI payments even with 5percent or 10percent down, Debt consolidation programs, Home Improvement loans and qualify even if you may have been turned down before.
A reverse mortgage is a tax free home equity conversion program designed Just For Seniors by the U.S. Government. It allows anyone 62 years of age or older to liquidate the cash equity of the home they are currently residing in and unlike a conventional loan does not require any monthly payments. Any money borrowed is simply secured by the home at the time of death or when the home is no longer the primary residence for the borrower.
The company uses 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.
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