How the Mortgage Industry Works

Not only is buying a home the largest single purchase most families make, it is also one of the most complicated. That is why the average home buyer depends on a network of housing professionals to help guide them through this cumbersome process. Real estate companies, loan originators, loan underwriters, appraisal firms, primary lenders and secondary mortgage institutions all have a stake in the selling and financing of our nation’s homes.

The home builder focuses on building a home a buyer is willing to pay for. The real estate agent’s primary motivation is to market a home for the quickest possible sale. The lender in the transaction makes money by financing the residential purchase in as secure a manner as possible. Determining market value of the home is the priority of the appraiser. Generally, a lender is the first point of contact for a consumer interested in purchasing a home followed by talking to a real estate agent. Most home buyers depend on these industry professionals; a lender to advise them about their financing options followed by the real estate agent to locate a home that meets their needs.

For complete mortgage loan program details and to find out if you qualify, contact us today at 888-488-3807 or go to

Visit Us Around the Web:

We would appreciate it if you are satisfied with our service to tell people.  Join our Social Experiment and check us out on Facebook, Twitter, YouTube, or even on the BBB.


Leave a Reply

Your email address will not be published.