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Top 10 US companies for Mortgage Refinance
Top 10 US companies for Mortgage Refinance
Home mortgage refinance services have definitely picked up in the second quarter of 2009. The increase in mortgage refinance operations account for an increase of 24 percent compared to the previous quarter performance.
While the economic meltdown did wash away even some of the giants in the industry, only a few able to stand the storm and rise again. Very low interest rates and home mortgage lending and refinancing spree has given rise to the increase in the number of loan disbursements.
Are you really interested in knowing the top 10 performers during the second quarter of 2009? Well, then here is a list of US Companies that have fared well in the business of mortgage loans and refinancing.
Top 10 US companies for Mortgage Refinance
* Well Fargo – Sustaining its position as one of the countries leading mortgage lender Wells Fargo tops the list of best mortgage refinance companies in the US. Home loan originations have seen a substantial rise in the second quarter of 2009 of 28%, which means big business. The company has definitely picked up from its previous performances.
* Citigroup – After all the drama and climax, finally Citigroup started recovering with substantial business and a fairly increased production of home loans and refinances. 42% increase in business during the second quarter is a positive note.
* Bank of America Finding a place in top 10 list of mortgage refinance lenders Bank of America a definite performer in the mortgage business. Its loan origination figures have crossed $100 billion.
* Residential Capital LLC Residential capital is a real estate finance company offering innovative capital solutions to customers from across the world. The company is a market leader both in the US and UK.
* Met Life Inc The Company has operations in India and most parts of Europe and Asia. Together with insurance services the company also offers financial services to its customers.
* Quicken Loans A variety of home mortgage loans are offered by the company. It is one of the best online home mortgage loan processing company and retail mortgage lender.
* Sun Trust Bank Inc – It specializes in a number of services like banking, mortgage lending, credit card, mutual funds, insurance and asset management services. The bank has more than 1500 branches in southern United States.
* Flagstar Bank Corp Consumer financing, mortgage financing, asset management and banking services are the products offered by Flagstar. It is the holding company for Flagstar Bank. It is a national leader in the business of mortgage lending.
* JP Morgan One of the oldest financial services company, JP Morgan offers a number of services namely commercial banking, investment, card and retail financial services namely mortgage lending and auto finance. It has the largest market capitalization among the banks in the US.
* US Bank Home Mortgage US bank specializes in online banking, credit card processing, loans especially mortgage loans and wealth management. Online home mortgage processing and refinancing services offers great advantage prospective borrowers looking forward to find the best of home mortgage deals.
* PHH Mortgage- PHH offers one of the leading and best of Mortgage Solutions in the country. With its process efficiency, multi channel business, customer service it offers mortgage loan and refinancing services at a different level altogether.
4 top reasons why you should opt for unsecured loans in the UK!
Unsecured loans have been wrongly interpreted by people from time to time. This article highlights the advantages it offers to the borrowers who in turn, tend to overlook and stay away from it. Reading these 4 top reasons would definitely help them in understanding the significance of it.
Stained credit score or for that matter shortage of cash, is a reason of great concern for almost every borrower residing in the UK. Thanks to it, falling short of required credit is a normal phenomenon for people struggling with this problem. Call it charm, or plain dominance, more and more people are now turning to loan product to end their grievances once and for all. One of the best ways to get things going would be to opt for unsecured loans if he/she is struggling with a chronic financial problem.
But why unsecured loans only! Below are the four top reasons why you should go for them.
Firstly, as a borrower you don’t have to pledge any asset of yours to the lender. Hence, the risk of losing the prized possession of your asset automatically gets negated.
Secondly, these loans can be made available easily. Reason: Cut-throat competition that has been driving lenders and concerned authorities to reform their approach. Thanks to this change, lenders today can be easily approached both, offline as well as Online. That’s not all, in order to survive the competition, lenders are taking pains to reach out to customers and provide them with the needful.
Thirdly, Competitive APRs, Yes, most of you might find this surprising but Annual Percentage Rate aka APR on unsecured loans have been one attractive thing about them. Again, the factor of cut-neck competition has been forcing lenders in relaxing the APRs on their products thus, attracting more customers in the process.
Fourthly, availability of large dose of cash under the banner of unsecured loans, yes, gone are the days when lenders used to approve small amount as loan to the borrowers. Today, prospective borrowers can quote considerable sum of money in their loan plea and can hope of its approval, if everything goes in their favour. But borrowers need to keep one thing in mind that approval of quoted loan amount entirely depends on borrower’s personal circumstances and also, repayment ability (which can be assessed by lenders in some cases).
Keeping all these points in mind, arguably unsecured loans are the best loan products to get over with your financial woes.