Midcity Mortgage Corp

Description

At MidCity Mortgage Corporation we assist our clients in arranging mortgages for Residential, Commercial and Industrial properties.
Real estate loans come in many forms. Mortgages are the most common. A mortgage is the legal agreement between a borrower and a lender, where the value of the borrowers real estate is offered as security for a loan. Most people are not familiar with the finance industry, they only know their local bank. If they can't make a deal with their local bank they don't know where to go. Also after approaching an initial lender (and being declined) they are not aware of the multitude of ancillary lenders that exist. We act as the intermediary (middle man) between the borrower (you) and the lender institution, which can be a bank, trust company, credit union, mortgage corporation, finance company, pension fund or even an individual private investor. We will analyze your financial situation to determine which lender is the best fit for your loan needs. We will then submit your mortgage application to one or more lenders in order to sell it, and work with the chosen lender until the loan closes. Once the loan closes we will get paid a commission directly from the lender and/or from the borrower depending on the arrangements made. As experienced professionals in the mortgage industry, we understand the need for fast reliable service. Each mortgage inquiry starts with a personal consultation to analyze your specific needs. We then develop a customized proposal detailing your loan strategy, terms, rate and optimal financing recommendation.