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Mortgage Bankers & Correspondents in Alameda, CA
Active Home Loan - Alameda, CA - Phone: (510) 523-7400
Affinity Mortgage - Alameda, CA - Phone: (510) 748-4458
Alliance Investment Group - Alameda, CA - Phone: (510) 522-7353
American Home Mortgage - Alameda, CA - Phone: (510) 748-3801
American Lending Group - Alameda, CA - Phone: (510) 373-5626
Calif Real Estate Finance - Alameda, CA - Phone: (510) 521-0300
California First Mortgage - Alameda, CA - Phone: (510) 522-5590
Citibank (West)- FSB - Alameda, CA - Phone: (510) 521-3801
Global One Lending - Alameda, CA - Phone: (510) 865-5626
Home Equity Link - Alameda, CA - Phone: (510) 523-5300
Informationleads Com - Alameda, CA - Phone: (510) 523-5100
PFC Financial Services - Alameda, CA - Phone: (510) 521-6996
Roebuck & CO - Alameda, CA - Phone: (510) 521-3700
S & L Home Loans Inc - Alameda, CA - Phone: (408) 985-4417
Sterling Mortgage - Alameda, CA - Phone: (510) 814-4700
Stratford Financial Services Inc - Alameda, CA - Phone: (510) 521-7390
U S Bank Home Mortgage - Alameda, CA - Phone: (510) 747-1794
Washington Mutual - Bank Locations- Alameda - Alameda, CA - Phone: (510) 864-3325
Washington Mutual - Bank Locations- Alameda- Marina Village - Alameda, CA - Phone: (510) 521-9080
Wells Fargo Home Mortgage - Alameda, CA - Phone: (510) 748-9534
Helpful Definition for: Mortgage Bankers & Correspondents
Mortgage Bankers and Correspondents, in Alameda, 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 Alameda 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.
