Resource Mortgage Corporation

Independent mortgage brokers have had a significant positive impact on the lending industry. Today, the use of a professional mortgage broker is one of the key strategies used by sophisticated borrowers.What is a Mortgage Broker?A mortgage broker is an independent real-estate financing professional who specializes in the origination of residential mortgage loans. Mortgage brokers normally pass the actual funding and servicing of loans on to wholesale lending sources. A mortgage broker is also an independent contractor working with (on average) as many as 40 lenders at any one time. By combining professional expertise with direct access to hundreds of loan products, your broker provides the most efficient way to obtain financing tailored to your specific financial goals.What Do Mortgage Brokers Do?In the volatile home-lending market, mortgage brokers can serve as safeguards, offering their clients security, safety, and peace of mind. One of the broker's most important functions is escorting your loan application through the entire process, constantly patrolling the component transactions for possible breakdowns. A professional mortgage broker can wade through the mountains of rate data and program options, researching current market conditions to find the most accurate and up-to-date information about cost-effective loan options.Brokers Handle the Details!There are literally thousands of variables that can affect the outcome of your mortgage transaction. That's why you need a mortgage broker to act as a liaison between the title and escrow company, real estate agent, lender, appraiser, credit agency, the underwriters, the processors, attorneys, and any other services which may affect your transaction.A mortgage broker also:Discusses and explains financing program optionsInforms you, in writing, of lock-in optionsExplains all documents of the loan applicationExplains all associated costs of the loan applicationExplains the disbursement of all loan applicationsExplains the loan process, from application to closingProvides you with a good faith estimate of cost and feesCommunicates with you throughout the loan process in a timely mannerCoordinates the final closing of your transactionQuestions, please call Resource Mortgage Corporation at 303-444-1200.

Once you select us to obtain your home loan, you'll be amazed at how quickly and simply the loan process moves. Before you know it, you'll have a mortgage that suits your lifestyle and saves you money.Throughout the loan-application process, we provide you with regular updates. You can also e-mail us with questions or new information. And if you want assistance, a mortgage expert who can answer questions is just a phone call away.Here's an overview of the loan-application processSTEP ONE -- Apply Now! Getting started is easyWhen you've selected a property and have a contract with the Seller, the next step is to complete your loan application, which can be done easily through our website. To get started, select an application from the list on the left.At the appropriate time we'll order a property appraisal for you.STEP TWO -- Your Loan is Approved and FundedYour Real Estate Agent or the Seller will designate an Escrow/Title Company to handle the funding of your loan, along with many other factors which make your purchase go smoothly.We will coordinate with the escrow team, and you'll sign the final papers at their office.Simple, Straightforward, Cost Effective, and FAST!If you have any questions, please call Resource Mortgage Corporation at 303-444-1200.