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However, post recession, bank failures and continuing consolidation significantly narrowed the universe of lenders.
His story: Pitman was already running his lead-generation business, LeadArtisans.com, when he and a friend came up with the idea to create a.
Lenders usually offer this mortgage at a slightly lower interest rate than with 30-year loans – typically up to .5% lower. It is this lower interest rate added to the shorter loan life that creates real savings for 15-year fixed rate borrowers.
“It’s amazing. We’ve seen 67 percent increase in underwriting efficiency for one of our clients,” said slk global senior vice president – Mortgage Nate Johnson. “Lenders today face heightened.
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Trade/service marks are the property of Sunstreet Mortgage, LLC and/or its subsidiaries or affiliates. Arizona Mortgage Banker License # 0907366. Licensed by the Department of Business Oversight under the California Residential Mortgage Lending Act (4131285). colorado mortgage company Registration. Texas-SML Mortgage Banker Registration.
A mortgage broker serves his or her client by shopping around for various lenders who will approve the homebuyer’s loan. While this sounds convenient, many times the buyers end up paying higher costs for their mortgage because of the broker’s fees.
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Lisa Pittman is a lifelong resident of Newland, North Carolina. With over 21 years of professional banking experience, Lisa enjoys helping her clients reach their dreams of homeownership. She understands the mortgage process requires many big decisions, so Lisa takes the time to navigate her clients through the financing options available to.