Mortgage Broker
Advantages of a Mortgage Broker and Mortgage Lenders
Mortgage brokers are companies or individuals that work closely with
wholesale mortgage lenders to provide their customers with a wide selection of mortgages. A mortgage broker originates loans while the
mortgage lender actually funds the loans. Banks normally offer only a
small number of loan options to their customers. Mortgage brokers on the
other hand, deal with a vast number of mortgage lenders. This increases
the variety of loans that can be offered to a mortgage company's clients. This also enables the mortgage company to find the ideal loan for their clients' needs.
A Mortgage broker is knowledgeable about the entire loan process and is
able to use their superior knowledge to help their clients secure the best loan to fit their needs. A mortgage company first tries to find out as much as possible about the needs of their clients and then looks at all of the available mortgage programs. Another big advantage to using a mortgage broker is that they deal with mortgage lenders from across the nation. This helps to guarantee that the customer will have complete access to the most competitive rates and options that are available.
Advantages of using a Mortgage Broker instead of a local bank:
Offer a larger variety of mortgage options
Normally offer the most competitive rates nationwide
Mortgage brokers only deal with mortgage loans, so they are highly specialized
Highly motivated to get their client's loans approved
There are many reasons why a large percentage of loans today are
originated through mortgage brokers or a mortgage company. A Mortgage
broker is highly motivated because they normally only get paid when their
client is approved for a loan. They also know which mortgage lenders have
the lowest rates and offer the best services. In general, mortgage
companies can do a better job of searching around for a mortgage than their clients who do not have the time to research the matter.
First Security Mortgage Corp. is a leading Conventional and VA Mortgage Originator founded in 1987, First Security Mortgage Corp. is licensed in North Carolina. The company provides a wide array of products and services, to include: purchase, rate term refinance, debt consolidation, home improvement and home equity lines of credit.
| Name |
NMLS |
First Security Mortgage Corp. |
68528 |
Dennis Keith Allison |
85306 |
Debra J. Cox |
85313 |
First Security Mortgage Corp. is a related entity of Systel Business
Equipment located at 2604 Ft. Bragg Rd., Fayetteville, NC 28303
D. Keith Allison Owner/ President
Debra J. Cox Vice President