Homebridge offers pre-approved mortgage commitment.As mortgage rates fluctuate, Homebridge Mortgage Bankers Mortgage Banker A company, individual or institution that originates, sells and services mortgage loans. Notes: Don't confuse a mortgage banker with a mortgage broker. continues to offer consumers a wide array of mortgage products including pre-approved mortgage commitment. In today's frenzied real estate market, condominium condominium In modern property law, individual ownership of one dwelling unit within a multidwelling building. Unit owners have undivided ownership interest in the land and those portions of the building shared in common. , cooperative and home inventories remain low often forcing buyers to engage in heated bidding wars or to pay more than the list price of a property. Serious homebuyers need an advantage in this sellers market. Homebridge Mortgage Bankers offers prospective homebuyers a leg-up in the buying process--a commitment. Unlike a pre-approval or a pre-qualification a homebuyer home·buy·er n. One who is in the process of buying a home. with a Homebridge mortgage commitment is guaranteed a mortgage for the agreed upon Adj. 1. agreed upon - constituted or contracted by stipulation or agreement; "stipulatory obligations" stipulatory noncontroversial, uncontroversial - not likely to arouse controversy amount to enable a buyer to bid on a property within their range. "After 19 years at Brown Harris Stevens, I've learned that a commitment for a mortgage is everything. Through Homebridge, buyers can shop for a new residence with a commitment in hand. Even without a specific property, a commitment letter can be presented to a buyer, giving them the leverage to negotiate their future home purchase. This gives the Homebridge borrower a distinct advantage in the Manhattan real estate market. I've found that sellers are delighted to have a pre qualified buyer. The commitment letter is as solid as negotiating with cash," said Brown Harris Stevens broker Kathy Sloane. "We are happy to be able to provide our customers with the advantage of a mortgage commitment in addition to a wide range of loan products, even as mortgage rates begin to rise. Homebridge is one of the market leaders in residential mortgage banking and because of our successful expansion we are able to match potential borrowers with the appropriate mortgage product nationwide, helping them to secure the home of their dreams," said Nicholas Bratsafolis, chairman, Homebridge Mortgage Bankers. The company, which is based in Syosset, New York Syosset is a hamlet (and a census-designated place) in Nassau County, New York, within the Town of Oyster Bay. It is a designated hamlet located on the North Shore of Long Island. The population was 18,544 at the 2000 census. , maintains offices in Manhattan at 444 Madison Avenue Madison Avenue, celebrated street of Manhattan, borough of New York City. It runs from Madison Square (23d St.) to the Madison Bridge over the Harlem River (138th St.). In the 1940s and 50s, some of the major U.S. , and in Fort Lauderdale, Florida Fort Lauderdale, known as the "Venice of America" due to its expansive and intricate canal system, is a city in Broward County, Florida, United States. The city's population is described as metropolitan, where diverse culture is commonplace. According to 2006 U.S. . To better assist borrowers Homebridge has rapidly expanded to almost 100 loan officers and 200 employees and is currently originating mortgage loans in 25 states. |
|
||||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion