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Novelty Realty Inc.


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.
 
Novelty Realty was established in 1989 as a real estate broker. In 1991, they became a mortgage broker. From 1995 to 2003, they were a franchise of prudential, now they are independent. They are a full service mortgage company with many programs such as no down payment; no closing cost 100 percent financing, no private mortgage insurance program; foreclosure bail out, no-income, no assets and many more programs to satisfy all your needs. They are specializing for Short sales specialist; save you from deficiency judgment, Get you back your surplus money, and save your equity.
 
The firm believes that for us to be successful they must provide their clients and customers with the highest level of services at all times. They believe in continuing education to better themselves in taking care of the needs and expectations of their clients and customers. Their philosophy of conducting business is with truth in every word and honesty in every action.
 
Buying a home may be the most exciting, confusing and stressful financial transaction you ever undertake. Even if you have done it several times you can still find the process complicated and intimidating, particularly when it comes to getting a mortgage loan. If you understand the steps required to qualify for a mortgage loan, however, much of the stress can be avoided. Their mission is to satisfy your need for affordable real estate financing. They are dedicated to you the customer and will fight to get you everything you deserve in the purchase or refinance of your home.
 

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