There are many mortgage companies that offer a wide range of loan products and services. Here's a list of a few of these mortgage companies.
Fannie Mae Company for Mortgages
Fannie Mae Mortgage Company is a giant in its field and one of the best companies that offer home loans. This mortgage company's products and services make it possible for families with low, moderate, and middle incomes to buy their own homes. Since 1968, Fannie Mae Mortgage Company has helped more than 63 million families reach their goal of becoming homeowners.
Freddie Mac Company for Mortgages
Freddie Mac Mortgage Company is another mortgage company that is similar to Fannie Mae Mortgage Company. This mortgage company is a corporation owned by its stockholders. It was set up by the U.S. Congress to keep money flowing to mortgage lenders and support homeownership and rental housing. The Freddie Mac Mortgage Company buys home loans for single families or groups of families. Besides that, this mortgage company also buys securities that have to do with mortgages. The Freddie Mac Mortgage Company pays for these mortgages and securities by putting out mortgage pass-through securities and debt instruments on the capital markets. This is how this mortgage company helps homeowners and renters get better access to home loans and lower housing costs.
Company CTX Mortgage
Centex Corporation, one of the Fortune 500 companies, owns CTX Mortgage Company and runs it as a separate business. This mortgage company has a few different loan options. Conventional Financing is one of the loan programmes that this mortgage company has to offer. This loan programme is not backed or insured by any state or federal government agency. The FHA loan programme is another one that this mortgage company has. This loan programme asks for a smaller down payment than most loans. As part of their loan programmes, this mortgage company works with the Veterans Administration (VA). Compared to FHA loans and other types of loans, VA loans give you more freedom. Veterans can get 100% loans up to $203,000 with no money down from this mortgage company.
This mortgage company also offers 5/1 Adjustable Rate Mortgages (ARMs), 7-year Balloons, and jumbo loans, among other loan programmes.
Mortgage Company for Members
This mortgage company is based in Woburn, Massachusetts, and its specialty is helping credit unions all over New England. Members Mortgage Company does this by giving their clients mortgage and loan programmes that are complete, easy to use, and good value for money. This mortgage company doesn't just work with credit unions; home owners can also buy its products. This mortgage company has loan programmes for people who want to buy a home or change their mortgage.
Mortgage Company Utter
Utter Mortgage Company is a mortgage company that specialises in long-term financing. It works with commercial real estate. This mortgage company works directly with a number of insurance companies in the west and mid-west. This mortgage company offers loans starting at $750,000 for Nevada and Northern California properties like warehouses, shopping centres, office buildings, and so on. Most loans through this mortgage company have terms of 5, 7, or 10 years. The Treasury rate index is also used to set the interest rates for this mortgage company.
Mortgage company East/West
The rates that this mortgage company charges are very low. This mortgage company offers loans like refinancing, home equity loans, and combining debts. Also, the East West Mortgage Company website has a mortgage calculator that you can use for free to figure out how much your monthly payments will be.
