| Price
Originating your loan with a mortgage broker will not necessarily cost you more than
originating a loan directly with a traditional lending institution such as your bank. In
fact, it may very well cost you less! Since we have access to many wholesale lenders and
investors, we are often in a position to offer you a loan program tailored to your precise
needs, including alternatives which take into consideration difficulties such as previous
credit problems, non-conforming property, lack of a substantial down payment, or in the
case of a self-employed borrower, income documentation requirements. We do not get paid
unless and until we achieve a closed transaction with you. Therefore, it could be
extremely cost effective to utilize the services of a knowledgeable and professional
mortgage broker who can head off a "decline," save you hours of wading through
complex and confusing information as you try to do your own shopping, and GET YOUR LOAN
APPROVED! Remember, my job is to do the shopping and obtain for you the best possible
loan, at a fair and equitable price , for which you are qualified.
Rates, points and programs cannot be guaranteed and are
subject to change without notice. This is not an advertisement for credit as defined by
paragraph 226.24 of regulation Z. Maximum Loan amount for a conforming loan is $240,000.
Jumbo is a loan amount in excess of $240,000. Rates and APR's are based on amounts of
$150,000 for Conforming Loans and $250,000 for Jumbo Loans. |
