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Home > Financial Services > Mortgage Brokers > Priority One Mortgage
Priority One 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.
Priority One Mortgage started in 1997 as a full service mortgage company. They offer more products than anyone on the market; they could therefore help more customers. They can offer these products reasonably and competently, they could earn their trust and faith. Being that they are a small organization, their reputation is paramount to their existence and they practice business with one on one personal care, high ethical standards and with a sense of urgency. They are always honored to serve their clients and they look forward to helping you and your family achieves the American dream of home ownership. Many companies will charge a fee for lending you money. The fee is usually a percentage of the loan and is sometimes referred to as points one point is equal to one percent of the amount you borrow.
Priority One Mortgage helps their clients finance their dream of home ownership. They educate and guide the applicants, including the credit challenged, through the process of loan approval. They can minimize your closing costs and monthly payments by offering a range of products for traditional mortgages in combination with Home Equity Lines of Credit.
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