|How can Millenia Mortgage give you
same day approvals?
|There are three government agencies that
purchase most mortgage notes. FNMA=Fannie Mae, FHLMC=Freddie
Mac and FHA=Federal Housing Authority. Millenia Mortgage has
the ability to download your Mortgage Loan Application into
their government agency mainframes, generating instant approvals
and/or advise you on how your loan will be approved.
|How can Millenia Mortgage offer
the lowest rates and fees in the industry?
|Where most banks and mortgage companies
make their money is on the servicing of the loans, which is
the paying of taxes and insurance. FNMA, FHLMC, and FHA pay
the banks and mortgage companies fees to service the loans
based on the interest rate given to the borrower. Many companies
will only do a loan at a certain profit margin. Millenia Mortgage
prides itself on keeping its overhead low to pass these savings
onto the customer in an effort to gain referrals.
|How will I know what program
is best for me?
|FNMA, FHLMC and FHA will not approve the
loan unless specific criteria are met. Our qualified staff
at Millenia Mortgage will meet with you to discuss the criteria
of each specific program and advise you as to which program
you would qualify for.
|What else does
Millenia Mortgage do that others don't?
- No Cost Refinance
- We Can Do The Closing Of Refi's In Your Home
- Provide Any Referrals You May Need
- We Give You The Honest And Courteous Service That You
- Non-Resident Alien Program
- Closing Cost Assistance
- Elimination Of Un-Necessary Mortgage Insurance