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Mortgage Bankers & Correspondents in Albany, NY
A A Capital Inc - Albany, NY - Phone: (518) 464-9339
Abetter Mortgage - Albany, NY - Phone: (518) 453-1090
Affordable Housing Partnership - Albany, NY - Phone: (518) 434-1730
Albany Mortgage - Albany, NY - Phone: (518) 435-1129
Allied Mortgage Services - Albany, NY - Phone: (518) 436-5626
American General Financial Services - Albany, NY - Phone: (518) 869-8446
Ameriquest Mortgage Company - Albany, NY - Phone: (518) 431-6516
Axiom Capital - Albany, NY - Phone: (518) 472-4000
Best Interest - Albany, NY - Phone: (518) 458-2483
Capital Region Funding - Albany, NY - Phone: (518) 218-7500
Carteret Mortgage - Albany, NY - Phone: (518) 459-3335
Centex Home Equity LLC - Albany, NY - Phone: (518) 427-8402
Chase Manhattan Mortgage Corporation - Albany, NY - Phone: (518) 433-2500
Citifinancial - Albany, NY - Phone: (518) 452-4711
Community Preservation Corporation - Albany, NY - Phone: (518) 463-1776
Executive Mortgage Group Inc - Albany, NY - Phone: (518) 489-8850
Fleet Mortgage - Albany, NY - Phone: (518) 447-4300
Fleet Private Clients Group - Albany, NY - Phone: (518) 447-4231
Fort Orange Funding LLC - Albany, NY - Phone: (518) 446-9629
Household Finance Corporation - Albany, NY - Phone: (518) 435-1000
HSBC Mortgage Corporation USA - Albany, NY - Phone: (518) 862-9340
Hudson River Bank & Trust Company - Albany, NY - Phone: (518) 432-4274
Hudson River Mortgage - Albany, NY - Phone: (518) 389-4100
Knickerbocker Mortgage Inc - Albany, NY - Phone: (518) 869-2485
Main Line Mortgage - Albany, NY - Phone: (518) 456-1997
NBT Bank - Offices - Albany, NY - Phone: (518) 437-4100
Northgate Funding - Albany, NY - Phone: (518) 690-2021
Opteum Financial Services LLC - Albany, NY - Phone: (518) 452-0794
Streamline Mortgage - Albany, NY - Phone: (518) 452-6480
Tri City Funding Inc - Albany, NY - Phone: (518) 373-2220
Wells Fargo Financial - Albany, NY - Phone: (518) 456-6484
Helpful Definition for: Mortgage Bankers & Correspondents
Mortgage Bankers and Correspondents, in Albany, 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 Albany 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.
