Find a Business Near: Point Pleasant Beach, NJ

Mortgage Bankers & Correspondents In Point Pleasant Beach

Mortgage Bankers & Correspondents

Below is a list of businesses listed within our directory which provide Mortgage Bankers & Correspondents services. If you do not see your business within the list below, you can submit it for addition to this list. Adding your business will feature your listing above Standard listings.

Standard Listings

Business Listing   An Ideal Mortgage - Point Pleasant Beach, NJ - Phone: (732) 892-1099

Business Listing   Crown Mortgage Services - Point Pleasant Beach, NJ - Phone: (732) 714-0967

Business Listing   F And J Closing Services Llc - Point Pleasant Beach, NJ - Phone: (732) 701-1888

Business Listing   Family Home Lending Corp - Point Pleasant Beach, NJ - Phone: (732) 701-9200

Business Listing   Manasquan Savings Bank - Point Pleasant Beach, NJ - Phone: (732) 840-2336

Business Listing   Manasquan Savings Bank - Bay Head Office - Point Pleasant Beach, NJ - Phone: (732) 899-2086

Business Listing   National Future Mortgage Corp. - Point Pleasant Beach, NJ - Phone: (732) 292-4504

Business Listing   Paone Mortgage Corporation - Point Pleasant Beach, NJ - Phone: (732) 899-6100

Business Listing   Sunset Mortgage Company - Point Pleasant Beach, NJ - Phone: (732) 899-9981

Business Listing   WFS Mortgage Services Inc - Point Pleasant Beach, NJ - Phone: (732) 899-8585

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Helpful Definition for: Mortgage Bankers & Correspondents

Mortgage Bankers and Correspondents, in Point Pleasant Beach, 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 Point Pleasant Beach 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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