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Home > Financial Services > Mortgage Brokers > Old Dominion Mortgage
Old Dominion Mortgage
A Mortgage is a document that contains the details of an agreement between two parties. One of which is a borrower and the other party is a lender. The Agreement will include information like, Loan amount, Time period of the loan, Interest and the collateral on the loan which is normally the property being bought. A mortgage broker is generally a person or company whose expertise lies in the field of mortgage laws, properties available for sale, and loan procedures. They provide these services to clients for a fee which is usually a percentage of the loan or property amount.
Old Dominion Mortgage has been serving the Central Virginia region for over 40 years. Their traditional values service today's clients. They want to provide you with the best possible options. In order for them to do that, they would prefer to contact you, either by phone or email.
At Old Dominion Mortgage, they respect their clients' right to privacy. It is their guarantee that they will never provide anyone with any type of information that is not involved directly with the mortgage process. They do not sell or distribute any type of information for the purpose of marketing or telemarketing.
In order to provide their clients with the best service, best programs and best rates, they must gather information to help them match their clients' needs with their products. They can assist you to correct your credit report. Credit Plus, their credit reporting servicer, provides a service that with proper documentation they can submit to the three bureaus and have your credit updated and re scored. There is a fee for that service.
Old Dominion 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.
They are committed to provide you with programs and payment options that maximize your potential. Maintain up to date technology that streamlines documentation automated, approvals and product guidelines at their fingertips. To be competitive and shop for rates and programs to suit your specific needs. They provide the best hands on customer service.
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