Most places on the Internet that deal with mortgages are not actually lending money. In reality, they are simply mortgage brokers. They take your loan application and then match your credit history and loan information to the criteria of lenders. Once they find lenders who are willing to work with your particular situation, that information is passed on to you.
This may seem like a good idea. Your information is given to multiple lenders to find the best rate. In reality, however, you do not get the best rates. In addition, if you have bad credit, you may be lucky to find a lender who is willing to work with you at all. When you do find a lender, the rates are probably going to be even higher due to your poor credit history.
Downs Financial works in a very different way. Downs Financial is a direct lender of mortgages. This means that we loan our own money. By lending our own money, we are in a position to give better rates on home mortgages than many other companies. In addition, because we set our own guidelines for lending money, we are able to work with people with various types of credit. The truth is that 80 percent of the people we work with have bad credit.
To find out how we can help, simply fill out our short registration form. Within 15 minutes, one of our experienced loan officers will contact you about the loan. Get on the right track to that mortgage you need! Let Downs Financial help you make the process easy and rewarding.
