Everyone should expect more from their Mortgage Professional!
Whether you're looking to build your dream home, purchase a home, or refinance you should
expect more from your mortgage professional.
Intermed Financial Inc, is a mortgage brokerage company who is dedicated to their clients. Our hope is to make the American Dream of owning a home possible for everyone an anyone. Many people today believe that homeownership and getting a home loan is impossible for them. They believe the only way they can purchase or refinance a home is if they are rich and famous. This is totally untrue! Every person has the opportunity to get a home loan. It is just up to you to fill out our online application today to get the process started!
We work with clients who have many different ranges of credit. These clients can have really good credit, or clients who are having hard time raising their credit score because they have bad credit. Either way, we work as hard as possible to get the best and correct deal for each and every client. We make sure the loan for our clients matches their future plans as well as it fits into their budget accordingly.
As a mortgage broker, we have access to a vast array of loan programs so we'll find the right one for you. Give us a call or simply fill out our online application today and we will get you started on the road to Home Ownership!
Why choose Intermed Financial?
We are a mortgage broker, and a mortgage broker has established business relationships with multiple banks, and therefore has many more loan programs available, whereas a bank loan officer can only sell mortgage products offered by the bank. While a mortgage broker has the ability to shop different lending institutions to find loan programs tailored made for homebuyers in almost any financial situation, a bank based loan officer can only offer the bank's product, even if that loan product may not be the best for the home buyer. For example, a neighborhood bank may have a Stated Income program for loan applicants with credit scores of 700 and above and a No-Doc program for credit scores of below 700 at a higher interest rate. Since a borrower with a credit score of 685 does not qualify for the Stated-Income program, the bank loan officer would put him in a No-Doc loan with a higher interest rate. On the other hand, an experienced mortgage broker can often find another lender offering a lower interest rate Stated Income program for the same borrower.
Give us a call today at 1-877-353-6835.
News around the Mortgage World:
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Study: Higher-Priced Mortgages Rose 172% Higher-priced home purchase loans rose 172% last year among the 10 leading national mortgage lenders, according to a study of federal Home Mortgage Disclosure Act data by Traiger & Hinckley LLP, a New York-based law firm. The firm said diminishing home equity and rising loan-to-income ratios were important factors in the increase. The study also showed that minority and white borrowers paid approximately the same average rate spread on higher-priced loans. "We interpret the growth in rate-spread loans as an attempt by lenders to manager increased credit risk without dashing the American dream of homeownership," said Warren Traiger, a partner in the law firm. "This strategy has not adversely impacted minority groups. On the contrary, lending to minority homebuyers has increased significantly and, despite the greater volume of higher-cost loans, the average price of those loans was consistent across different racial and ethnic groups." The law firm can be found online at http://www.traigerlaw.com. |
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Saving for a down payment You used to have had to put at least 20% down on homes. Today, there are many programs that dont require you to save money for a down payment.There are many programs available that help you with your down payments. These programs are called Down Payment Assistant programs. Many cities also have grant money available if you meet the specific guidelines. The amount you are able to put away for a down payment savings account is now as important as making sure that you do it regularly. Click here to read more. |
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Closing CostsCustomary costs above and beyond the sale price of the property that must be paid to cover the transfer of ownership at closing; these costs generally vary by geographic location and are typically detailed to the borrower after submission of a loan application. Most states put a cap on what Lenders can charge in fees related to closing cost. Click here to read more. |
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Purchasing a home with less than perfect creditPurchasing a home with less than perfect credit - It is possible to buy a home with credit that is not perfect. It is even possible to buy a home with flawed credit or below average credit and put little to no money down. Millions of homeowners have bought homes while having credit that is somewhat flawed or below average. Consult a mortgage broker to find out how much of a home you qualify for, how much of a down payment may be needed and what types of home loan programs are available with your exact credit scores. Click here to read more. |
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Credit Score too low? Your credit score effects many things through out your financial life. It effects the interest rate you are going to get on your next car loan, if you will be approved for that new credit card, or even bigger it could effect your job!. Another major purchase that your credit score could effect is your mortgage rate. Don't let your credit score get you high interest rates. Sign-up for Intermed Financials Credit Repair Service. Click here to start today! |
What's your home value? Always wanted to know what that house down the street sold for? Are you interested in home much your home will possibably appraise for? Find out your approximate home value today with Zillow.com! Click here to get started. |
