Choosing A Mortgage Company
When you are ready to shop for a loan, you can work directly with a lender or with a mortgage broker representing many individual lenders.
Direct lenders are lending their own money, have in-house programs, and make the final decision on your application. Brokers are intermediaries who represent many lenders and loan programs from which to choose. If you have special financing needs or want to shop the market for the best deal, an experienced broker may be able to find the best loan for you.
Along with shopping the source, you'll also have to shop the total costs of the loan, including the interest rate, broker fees, points (each point is one percent of the amount you borrow), prepayment penalties, the loan term, application fees, credit report fee, appraisal, and a host of other items.
Partnering with Dominion Mortgage is a smart decision. We are an experience mortgage lender with the ability to do loans in all 50 states. We have a team of in house processors & loan officers who work seamlessly together to provide a smooth, streamline mortgage process. We are so confident with our ability to get your loan closed and provide you with the best rate possible we Guarantee it!*
We guarantee the lowest Rate or we pay you $500!*
We guarantee your loan will close on time or we will pay you $1000!**