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Source Financial


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.
 
Company provides Bi weekly mortgage calculator this calculator will show you how much you will save if you make 1/2 of your mortgage payment every two weeks instead of making a full mortgage payment once a month. In effect, you will be making one extra mortgage payment per year without noticing the additional cash outflow. But, as you're about to discover, you will certainly notice the increased cash flow that will occur when you pay your mortgage off way ahead of schedule.
 
The Company has saved the best for last the bi weekly mortgage payment system. This is where you split your mortgage payment in half and pay the half payment every two weeks. What is basically happening is you are making twenty six half payments, which equals one extra payment a year. This method will cut several years off the life of your mortgage loan and will save you thousands of dollars off the cost of your home. This method is known as the bi weekly mortgage payment system.
 
The Company is of pride themselves on being the mortgage banker broker who helps their clients become the successful ones. By utilizing over one hundred lenders, both national and local, they are able to find the optimum loan program for all of their clients.

The Company is committed to providing the best service to clients seeking it from this industry as also to the pursuit of excellence, integrity being the forefront of their list of objectives. They have gained a fair deal of faith from their customers and continue to serve the community with a level of quality few in the industry can match.

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