|
Why TLC Lending?
TLC Lending ("TLC") is a mortgage brokerage company whose primary activity is to
assist you in obtaining home financing for a fee*. As a mortgage broker, TLC does
not lend their own money but negotiates and places your loan with a lender who provides
the actual funds at closing. The major advantage of this is that it allows us to
have an extensive lender network, currently over 50 regional and national lenders,
so we can offer virtually any loan product and program in the marketplace today.
No single lender has this ability to assure you get the right loan at the best possible
price. We do!
At TLC Lending, we believe we provide a valuable service to facilitate home ownership.
We counsel you on qualifying for a loan, help you select the loan that will match
your personal and financial lifestyles, and obtain the best deal available among
competing lenders. We have the relationships to successfully place your loan with
a qualified lender; however, we go one step further. We align ourselves with your
interests, in that, if we do not close your loan, we do not receive our fee.
Plain and simple!
We provide six basic services. These include, but are not limited to the following:
|
1. |
Analyze your credit to determine what program type you may qualify for and takes
the mortgage application. |
|
2. |
Analyze your income, asset and debt obligations to pre-approve you to a maximum
mortgage amount. |
|
3. |
Educate you in the loan process, advising you of the different types of loan products
and programs available and demonstrate how closing costs and monthly payments vary
under each program. |
|
4. |
Collect required financial and credit information including tax returns, bank statements
and pay stubs to submit for loan approval. |
|
5. |
Order appraisal, title and locks-in your interest rate with the lender. |
|
6. |
Makes sure all approved loans close! |
*TLC does not issue loan commitments. Broker compensation ranges from 0% to 4% of the loan amount and is paid by the lender, borrower, or both for loan placement and loan services provided.
|
