Tag Delaware Mortgage Broker

Tag Delaware Mortgage Broker

Delaware Mortgage Brokers

John Thomas January 14, 2011 Tags: ,
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Delaware Mortgage Brokers

Delaware Mortgage Brokers are licensed mortgage originators by the Delaware State Banking Commissioner.  Each broker must have a unique National Mortgage Licensing System (NMLS) number.  Each loan officer that works for the broker must also have a unique NMLS number and be licensed in the state of Delaware as a loan originator.

A Delaware mortgage broker must also be a Delaware mortgage company that is licensed to do business in the state of Delaware.  Their state license must be properly displayed in their place of business.  All advertisements including business cards must include their unique NMLS number. Keep Reading...

Delaware Mortgage Company – Primary Residential Mortgage

John Thomas January 8, 2011 Tags: , , ,
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Delaware Mortgage Company – Primary Residential Mortgage, Inc.

Primary Residential Mortgage, Inc. (PRMI) is a Delaware Mortgage Company that is a Mortgage Lender.  We are a Delaware Mortgage Banker who processes, underwrites, and funds our own residential mortgage loans.  Our Delaware office is staffed by branch manager, John Thomas who is recognized as one of the top Delaware Loan Originators by the Scotsman Guide, Mortgage Executive Magazine and National Mortgage News.  PRMI is also a Delaware Mortgage Broker so we can broker loans to other banks when the need arises.  Call 302-703-0727 for a no-cost mortgage planning appointment for the purchase or refinance of a home in Delaware or APPLY ONLINE
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Mortgage Brokers – Proof that Less Costly Option for Sub-Prime Borrowers

John Thomas July 7, 2007 Tags:

Study Reveals Brokers Are Less Costly Option For Sub-Prime Borrowers
New Study Finds Factual Evidence That Consumers Pay Less With a Broker

Washington, DC. October 18, 2006  Brokers are a more cost-effective option for consumers in the subprime home loan market, according to a joint study released by economists at George Washington and Oklahoma State universities.

The study compared sub-prime loans originated by brokers and traditional lenders such as banks between 1995 and 2003. Its findings reveal that the reason brokers originate more than 50 percent of all residential loans is that they are a more efficient and cost-effective option for consumers. Keep Reading...