Bank Mortgage Or California Mortgage Loan Broker, Who Is Best For You?
Keith Hunt
Although banks lend money they can only offer the limited amount of loan products available to them. Therefore the bank loan officer’s knowledge is limited to those products available.
These products may not be the best one for your specific situation. To close the deal a bank may try and put a square peg in a round hole, potentially costing you thousands of dollars.
For more information please call toll free 866-711-4636 or go to:
http://www.goldmedalmortgage.com/NationwideLoanPrograms
Unlike a bank, GoldMedalMortgage.com represents hundreds of different lenders nationwide each offering different types of loans. For instance many banks will not offer a loan if you have poor credit, can't document income, or can't make any down payment. But we deal with specialist lenders on a daily basis that can offer loans in all of these categories.
With a superior knowledge of all the different loans available we provide you with expert advice on any problems involved in qualifying including credit problems. We will shop the market to find the ideal loan with the best rate suited to your specific situation and then lock in the rate and other terms with the lender.
GoldMedalMortgage.com resources give us the ability to actually make loans that their banks can’t!
A bank officer represents his institution, whereas we work for YOU, and do not represent any specific lender that does not want you to get the loan!
If you are looking for a home equity loan, home improvement laon, debt consolidation laon, or refinance, compare our rates with any other major institution such as Washington Mutual, Wells Fargo or Countrywide.
About GoldMedalMortgage.com:
GoldMedalMortgage.com is a nationwide home mortgage loan company powered by Desert Valley Properties and First Source Financial. They offer debt consolidation, home equity, FHA and home improvement loans. First time home buyer programs available.
For more information please call toll free 866-711-4636 or go to:
http://www.goldmedalmortgage.com/NationwideLoanPrograms
The latest information and news on Mortgages:
Commercial Mortgage Debt Rallies as TALF Ending: Credit Markets (Bloomberg)
March 15 (Bloomberg) -- Commercial mortgage-backed bond returns are accelerating as the Federal Reserve ends support for the $700 billion market, showing growing confidence that loan defaults won?t derail the economic recovery.
GMAC's mortgage arm will be tough to unload (Detroit Free Press)
ResCap, the mortgage lending subsidiary of GMAC, "has been a millstone around the company's neck" in the words of GMAC Chief Executive Michael Carpenter. But disposing of ResCap without crippling GMAC's automotive lending business or adding to GMAC's $17.2-billion debt to the U.S. Treasury Departmen...
More consumers pay credit card, but not mortgage (St. Louis Post-Dispatch)
CHICAGO ? U.S. consumers are starting to look like a frugal, debt-fearing lot as they pay down billions of dollars in credit-card obligations. But an alarming trend is emerging: A small but growing number of people are skipping mortgage payments in favor of paying their credit card bills.
Will mortgage rates rise? Fed action only part of the picture (Everett Herald)
Question: We have been hearing that mortgage rates will go up after March 31st because the Federal Reserve will stop buying mortgage bonds. Is this true? How does that work?
More consumers pay credit card, but not mortgage (The Scranton Times-Tribune)
U.S. consumers are starting to look like a frugal, debt-fearing lot as they pay down billions of dollars in credit-card obligations. But an alarming trend is emerging: A small but growing number of people are skipping mortgage payments in favor of payin
Yahoo! News Search Results for refinance
Now best time to buy or refinance? (The Southern Illinoisan)
As the economy slowly begins to recover, changes are takingplace in the housing market that experts said indicate the besttime to buy a home or refinance an existing mortgage may benow.
Refinance may limit financial flexibility (Bankrate.com via Yahoo! Finance)
Reduced financial flexibility may be the price for a home refinance that lowers your mortgage rate.
Refinancing bonds to save Consolidated 5 $450,000 (The Times and Democrat)
The Orangeburg Consolidated School District 5 board unanimously passed a resolution to refinance general obligation bonds that will save the district about $450,000.
Florida Hurricane Insurer Offers $2 Billion of Tax-Exempt Bonds (Bloomberg)
March 15 (Bloomberg) -- Florida ?s government-owned Citizens Property Insurance Corp. , bracing for an ?above-normal? hurricane season, plans to sell $2 billion in tax-exempt bonds as early as this week.
Centro Selling Queensland Mall as Investors Quit Fund (Update1) (Bloomberg)
March 15 (Bloomberg) -- Centro Properties Group , the Australian developer that posted a A$3.5 billion ($3.2 billion) loss last year, is selling its Surfers Paradise mall after failing to attract investors to replace those withdrawing funds.