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Home > Financial Services > Mortgage Brokers > Stonington mortgage corp.
Stonington mortgage corp.
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.
Stonington Mortgage Corp. employs personnel with financial and banking backgrounds. Customer service and support is their priority. The firm offers a wide product selection and competitive pricing through major lenders.
Since their opening in the Millennium, their success continues through their consistent referrals. Referrals from existing clients, attorneys, accountants, and industry professionals remain our lifeline. The company is processing brokers and therefore is offered the best programs and rates from major lenders. They have programs for all types of credit and loan profiles.
Most borrowers shop around for the best mortgage rates being offered without understanding the factors driving the rates up or down. A basic overview is simply that rates are ultimately determined by a combination of credit score, remaining equity in the property, type of property, ownership interest in the property that include primary residence, second home or investment, lock-in period, full disclosure of income and assets or no disclosure of income and assets, and type of loan program chosen.
Stonington Mortgage Corp. has established relationships with many major banks in the industry. These relationships were formed by their previous experience in banking and finance along with a complete search of backgrounds to ensure competence and integrity.
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