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Weatherstone Mortgage Corp.




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.
 
Weatherstone Mortgage was established in 1996 in Mineola, New York, started with only 6 employees.  Now Weatherstone, recently fully renovated, located in Plainview, New York, is the home of some of the country’s top brokers in the business.  Weatherstone Mortgage has strong relationships with over 45 financial lenders.  They are 100 percent referral based.  Each loan they close is because a former client, realtor, or associate recommended Weatherstone Mortgage as the company they should do business with.

The Company offers a complete line of mortgage loan products through its extensive nationwide source of mortgage loan investors.  Their products include First and Second Mortgages, Refinancing, No Doc and Stated Income Programs, Conforming and Non-Conforming loans, Jumbo and Super-Jumbo loans, Construction and Improvement loans, FHA, Commercial loans, Interest Only, Home Equity and Lines of Credit.  Most importantly, Weatherstone Mortgage retains control of the mortgage transaction from start to finish.

They’re polite and professional. In fact, 99.7 percent of Weatherstone’s customers surveyed have rated their experience with Weatherstone Mortgage as exceptional.  It is their goal to be worthy of their customers’ trust and deserving of the referral of family, friends and business associates.

After an initial consultation, several federal documents are provided that detailed estimates of cost to obtain the loan, The type of loan for which you may apply for is largely dependent on your credit history, your capacity to repay the loan, and the qualification of the financed property, Purchase or refinance loans almost always require an appraisal of the property and a personal credit report, At this point, unless there are extenuating circumstances, your application is ready for an underwriter’s review and decision.

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