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Home > Financial Services > Mortgage Brokers > Alternative Mortgage Company
Alternative Mortgage Company
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.
Alternative Mortgage Funding Corporation is a Licensed Mortgage Lender. They have been funding Residential and Commercial Mortgages in Florida for 21 Years. Their headquarters are in Altamonte Springs, Florida. In addition to serving their own backyard, they are also currently licensed in the following States. FL, GA, RI, OK, CO, IN, MS, MY and SC. They are also fully licensed by the Department of Housing and Urban Development and FHA and VA. As a true Mortgage Lender, they have the ability to offer you a FULL Pre-Approval if you are currently shopping in this hot Hot Real Estate Market.
Due to the ever-changing nature of interest rates it is impossible to keep their web site current. Therefore, they now offer a more accurate and expedient method in relaying current interest rates to their prospective clients. Available Programs are Conforming 30 Year Fixed, Conforming 15 Year Fixed, Conforming 5/1 ARM, Conforming 7/1 ARM, Jumbo 30 Year Fixed, Jumbo 15 Year Fixed, Jumbo 3/1 ARM, Jumbo 5/1 ARM.
Company 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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