As a Realtor, when I meet new customers who then become valued clients, I always ask who is their mortgage broker.. Many already have a trusted broker, and I would never attempt to deter them from their choice, but when I am asked if I know of a good mortgage broker then I will offer a selection of three….one mortgage broker has recently stood out amongst the throng per se…
Patricia Madison is a Mortgage Broker for Thoroughbred Mortgage Services, and my clients had chosen another broker first… They were informed that since the husband had worked for many years in another country, and thus not establishing credit within the U.S., they would have to apply for an FHA loan… Not just this mortgage broker, but this would have been the response for many others also… There are so many guidelines set forth by the banking industry, that it takes someone adept in hurdles as well as money management to reach the finish line for their clients.. My clients were basically having to accept an FHA loan which of course would mean their having to pay the PMI (Private Mortgage Insurance) for the length of that mortgage (no 80% amortization = no PMI for this loan) which basically translated into additional costs at closing and each month with the PMI insurance. When my clients realized the additional costs with the FHA loan, I suggested they call Patricia… Patricia worked endlessly and tirelessly on their behalf, even contacting my clients’ former employ in a different country, because she saw straightway that while they had great credit, the husband’s credit was not established within the US and required further, extensive documentation. Many Brokers would not want to get involved with such in depth preparation but Patricia did so, was patient but persistent, and was able to procure a Conventional Loan, enabling my clients to save a great deal of money in both closing costs and monthly costs in purchasing their new home.
Who would I recommend as a mortgage Broker? Patricia Madison
|Mobile:||917.559.3659 begin_of_the_skype_highlighting 917.559.3659 FREE end_of_the_skype_highlighting|
|Office:||914.500.6099 begin_of_the_skype_highlighting 914.500.6099 FREE end_of_the_skype_highlighting Ext. 35468|
Westchester is GREAT!