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Mortgage Bankers & Correspondents in Aiea, HI
Aloha Hawaii Realty - Aiea, HI - Phone: (808) 485-2001
American Nationwide Mortgage Company - Aiea, HI - Phone: (808) 487-6503
Central Pacific Bank - Aiea, HI - Phone: (808) 483-5600
Citifinancial - Aiea, HI - Phone: (808) 486-7600
Easy Mortgage Corporation - Aiea, HI - Phone: (808) 487-2913
GMAC Mortgage Corporation - Aiea, HI - Phone: (808) 486-0309
Mortgage Ability Inc - Aiea, HI - Phone: (808) 487-6900
Mortgage Express - Aiea, HI - Phone: (808) 532-9555
Mortgage Lenders Inc - Aiea, HI - Phone: (808) 483-5626
Mortgage Services of Honolulu - Lester Maeda - Aiea, HI - Phone: (808) 487-0400
New Horizons Financial - Aiea, HI - Phone: (808) 483-7400
Pacific Mortgage Funding Group - Aiea, HI - Phone: (808) 488-9905
Territorial Savings Bank - Branches- Pearlridge - Aiea, HI - Phone: (808) 487-1581
Trust Mortgage - Aiea, HI - Phone: (808) 484-2303
Wells Fargo Financial - Aiea, HI - Phone: (808) 487-3896
Helpful Definition for: Mortgage Bankers & Correspondents
Mortgage Bankers and Correspondents, in Aiea, are banking agents or intermediaries, who mediate between their clients and the banks for which they work. Their job is to ease the process of applying for and availing loan or a lien amount from a bank for their clients, to help them ( the clients) satisfy a debt or serve an emergency, by mortgaging a personal property of value with the bank, against an interest rate. The mortgage helps in securing loan from the bank for an agreed period, and can be reclaimed upon payment or performance according to stipulated terms. A mortgage banker or a correspondent in Aiea communicates with the client and the bank over all the essentials for a loan; they gather important data and financial records of their client for the bank, to ensure that the former (the client) is an eligible candidate for the loan. Terms and conditions like loan period and rate of interest ,are stated on bank documents as per the individual's financial history. In this respect, a mortgage banker is held totally accountable for his clients to the bank.
