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Home > Financial Services > Mortgage Brokers > Unbound Mortgage Corporation
Unbound Mortgage Corporation
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.
Unbound Mortgage Corporation 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.
Unbound Mortgage Corporation is a licensed correspondent lender. Officers of Unbound Mortgage have more than a decade of full service mortgage processing and lending. Their specialty is working with less than perfect credit profiles.
They have Federal Housing Administration mortgage Loan. Federal Housing Administration loans are available to help people who can't necessarily afford a 10 percent down payment on their new home. If approved, the Federal Housing Administration will cover up to 97.75 percent of the purchase price, thus bringing the down payment to a low 3 to 5 percent.
Their goal is to assist their clients with their financial circumstances therefore they strive to only make loans which are to the benefit of their clients.
The Company 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. The Company believes a mortgage is the most rewarding investment made over a lifetime of important financial decisions.
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