(PRWEB) April 19, 2005
Original Mortgage Source, LLC, an Ohio-based company that specializes in home mortgage and life insurance options, has included information and application forms on their website for the most popular types of mortgage loans they offer to homeowners.
Original Mortgage Source, LLC provides two distinct types of mortgage loan solutions. The first, a 3.875% Equity Builder mortgage loan, is an interest-only program that helps homeowners free up money to pay other bills without refinancing their mortgage. Unlike the Prime Rate mortgage, the Equity Builder mortgage loan is affected by multiple economic factors, making it much more stable and keeping the interest rate lower. The interest rate is also not compounded annually.
The second mortgage loan, Mortgage Life Protection, is actually an inexpensive life insurance policy that provides total coverage to pay off the full amount of the mortgage should the homeowner die. This coverage can be added to an existing mortgage without refinancing.
In addition to the Equity Builder and Mortgage Life Protection mortgage loans, Original Mortgage Source, LLC has several additional mortgage loan programs, including:
Â 100% Financing, for borrowers with good credit and employment histories but no down payment
Â 3% Down FNMA, designed to assist moderate income first time home buyers.
Â Home Equity Lines of Credit (HELOC), for borrowers who wish to keep their first mortgage in place and use their equity for debt consolidations, purchase other properties, or home improvements.
Â Mortgage Only Programs, enabling homeowners to qualify for a new mortgage based only on their mortgage payment
Â No Income Verification Loans for Self Employed or W2 employees
ÂOur policy is to provide pre-qualifications free of charge to all people serious about purchasing or refinancing their homes, investment properties, or commercial properties,Â said Timothy A. Primavera Sr., President and CEO of Original Mortgage Source, LLC. ÂOur ultimate goal is to help our customer get what they want.Â
Original Mortgage Source, LLC offers a free two- to four-minute ÂQuick Mini-Application FormÂ to apply for a home mortgage or life insurance online. To apply for a mortgage loan or to learn more about these and many other available mortgage loan programs, visit http://www.OriginalMortgage.net.
About Original Mortgage Source, LLC
Original Mortgage Source, LLC has been providing help to customers with home mortgage and life insurance needs. Their specialized staff of certified residential mortgage specialists and senior loan officers assist with mortgage loan programs, help with for-sale-by-owner homes, home warrantees, and offer consulting for homeowners and home purchasers alike, in both commercial and residential real estate.
Original Mortgage Source is a member of the Cleveland Better Business Bureau (BBB), the National Association of Mortgage Brokers (NAMB), the Ohio Association of Mortgage Brokers (OAMB) and the Ohio Farm Bureau Federation (OFBF). The Christian-owned and operated firm is state licensed, bonded, and insured to provide home mortgage loans and solutions for homeowners and home purchasers, regardless of credit history. They also offer many different types of life insurance coverage that can be browsed on there website.