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Home > Financial Services > Mortgage Brokers > Mortgage Placement Services
Mortgage Placement Services
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.
The Company was established in January of 1986, when Mortgage Placement Services first entered the mortgage market, their company has enjoyed a growing and rewarding relationship with the public.
Mortgage Placement Services is a State approved mortgage lender, with the additional capability to broker mortgages to some of the nation's largest banks and lending institutions. Their objective is to arrange real estate secured financing for their Customers with particular emphasis on creating a favorable overall financial condition for them. Each member of the Mortgage Placement Staff is a thoroughly trained professional, carefully chosen for their people skills as well as their financial knowledge.
Their Mortgage Programs are Conventional Program divided in to Fixed; ARM and Balloon programs etc. Jumbo program has two types, Fixed and ARM, Adjustable Rate Mortgage. Sub Prime programs are Fixed, ARM and Balloon etc.
By maintaining one of the most diverse lines of loan products available, their loan officers have the ability to tailor programs to specifically suit the needs of each customer. They offer a complete range of conventional fixed and adjustable rate loans, as well as numerous programs for the more difficult to qualify borrower.
Their honest desire is that you will find Mortgage Placement Services committed to integrity, quality and customer service in all phases of their business activities. Mortgage Placement Services have been committed to give their customers the best choices available in terms of Mortgage Programs, rates and personal service.
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