How is H.O.M.E. different from the competition?
Walk into your local bank. A loan officer will examine your financial profile,
and if you fit their "lending profile", will give you a loan based on that banks best rates
for the day. Without the ability to shop around for the best rates, you will never know if
you truly got the best deal.
Go to a Mortgage Broker. The broker will examine your financial profile, "shop"
it to different banks and pick the best rate. He will then give your application and documents
over to the chosen bank, loosing ALL control over your file and subjecting your loan to the bureaucracy
of the big banks. The bank will then process, underwrite and fund the loan. This is an extra and
unnecessary layer to the loan process.
Come H.O.M.E., a Mortgage Bank/Direct Lender licensed and delegated by the State,
Fannie Mae and Freddie Mac to originate, process, underwrite, close, and fund mortgage loans.
We sell our loans to dozens of investors, giving us the ability to offer the same diverse products
and programs as brokers, while controlling the lending process like a bank.
This gives us FULL CONTROL over your loan from start to closing making sure that not
only do you get the best rates and the right loan program, but that your entire mortgage experience
is simple, streamlined and free from uncertainty and stressful delays. We have all the underwriting
ability and resources of a large lending institution but without all the bureaucracy.
What are the benefits to you?
1) Competitive rates. Because we are a correspondent/direct lender, our rates are very competitive relative to the market
2) It is cost-effective. Because we process, underwrite and most importantly, fund the loan ourselves, we eliminate all of the extra fees that a broker would charge.
3) Creative financing is our specialty. Shop, compare and come HOME. We are highly knowledgeable in the mortgage business, and can find creative, lower cost ways to finance your home or investment property.
4) We can close your loan quickly. Because your loan is fully underwritten in-house, we can close loans in half the time it would take a broker or your bank. In fact, we have the fastest turn-around time in the industry.
5) Trust. Our business grows solely by the referrals of pleased customers and certain trusted referral partners. If you are applying for a loan with us, then you were referred by someone you trust. We hope to have you as a pleased customer soon!