Mortgage Information

Mortgage Information

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Mortgage Lender

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As you approach a mortgage lender for approval on the type of home loan you desire, don't forget that they will be working for you. Find out as much as you can about the terms of their loans. Ask, for example, about potential penalties for early payoff, late payments, and so on.

If your mortgage lender wants to work with you to create an individualized plan that fits your financial situation, wonderful. Of course, negotiating with lenders often requires the expertise of an excellent loan broker. It is important to conduct these information gathering sessions and negotiations with an experienced ally. You will also want to verify, right from the beginning, that you won't be penalized for other things, including premature mortgage payments in the future, and so on.

As we mentioned above, the best way to approach a mortgage lender is by using a good broker. Here at First Union Home Loans, our brokers have worked with many lenders, both locally and nationwide. We believe that nothing should stand between an aspiring buyer and a good, solid loan. If you have bad credit, we can work together with you to hammer out a solution that will work for everybody. With a lot of negotiation under our belts, we want to help you, too! You can and should make your mortgage lender work for you, and we can help you to make that happen.


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