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Home > Financial Services > Mortgage Brokers > Residential Mortgage Center
Residential Mortgage Center
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.
Their mortgage professionals give you the personal attention you deserve and treat you with the respect due a valued customer. They understand you are making a commitment in buying a new home, refinancing and mortgage or cashing out your home equity. So they make a commitment to you. They will help you qualify, apply and be approved for the right mortgage loan for you.
To refinance primarily to lower the rate and monthly payments, your best option might be a low fixed rate loan. Maybe you have a fixed rate mortgage now with a higher rate, or maybe you have an adjustable rate mortgage where the interest rate varies. Even if it's low now, unlike your ARM, when you qualify for a fixed rate mortgage you lock that low rate in for the life of your loan. This is especially a good idea if you don't think you will be moving within the next five years or so. On the other hand, if you do see yourself moving within the next few years, an ARM with a low initial rate might be the best way to lower your monthly payment.
The Company also assists you through six basic steps in procuring a loan for buying a house or renovation of your home such as 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.
The firm believes a mortgage is a promise, one that can build a solid and trusting relationship for the term of your loan. They are dedicated to providing excellent service to their customers, striving to earn repeated business referrals from their many satisfied mortgage applicants.
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