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Mortgage Bankers & Correspondents in Anniston, AL
Alabama Teachers Credit Union - Anniston, AL - Phone: (256) 238-1161
America's First Federal Credit Union - Anniston, AL - Phone: (205) 320-4000
American Eagle Mortgage - Anniston, AL - Phone: (256) 236-5626
BB & T - Mortgage- Carrollton - Anniston, AL - Phone: (770) 838-7224
BB & T Mortgage - Anniston, AL - Phone: (256) 741-4269
Citifinancial - Anniston, AL - Phone: (256) 236-3445
Countrywide Home Loans - Anniston, AL - Phone: (256) 835-4646
Farmers & Merchants Bank - Anniston, AL - Phone: (256) 236-8200
FCF Mortgage Services - Anniston, AL - Phone: (256) 237-0711
Fort McClellan Credit Union - Anniston Branch - Anniston, AL - Phone: (256) 237-2113
Great Money - Anniston, AL - Phone: (256) 236-1741
Home Owners Mortgage CO Inc - Anniston, AL - Phone: (256) 835-9093
Independent Bank of Oxford - Anniston, AL - Phone: (256) 237-7008
Jackson Mortgage Company Inc - Anniston, AL - Phone: (256) 237-5177
Kelly Group Mortgage CO - Anniston, AL - Phone: (256) 236-5300
New South Federal Savings Bank - Anniston, AL - Phone: (256) 237-9350
Providence Mortgage PC - Anniston, AL - Phone: (256) 238-4343
Southeastern Capital Mortgage - Anniston, AL - Phone: (256) 835-3352
Southtrust Mortgage Corporation - Anniston, AL - Phone: (256) 741-4068
Victory Mortgage - Anniston, AL - Phone: (256) 235-2422
Helpful Definition for: Mortgage Bankers & Correspondents
Mortgage Bankers and Correspondents, in Anniston, 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 Anniston 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.
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